French crypto holders may soon have to declare self-custodied crypto worth €100,000 or more. Under the new rule, French taxpayers would have to report crypto held in their own…
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🇫🇷 French crypto holders may soon have to declare self-custodied crypto worth €100,000 or more. Under the new rule, French taxpayers would have to report crypto held in their own wallets, rather th…
🇫🇷 French crypto holders may soon have to declare self-custodied crypto worth €100,000 or more. Under the new rule, French taxpayers would have to report crypto held in their own wallets, rather than on exchanges. It would apply if those holdings total €100,000 or more on December 31, with fines of up to €10,000 for not declaring. France’s National Assembly voted 150 to 44 to add it to the 2027 finance bill. It is not law yet, as the Senate starts debating the bill on November 20. Lawmakers also rejected a proposal to exempt crypto payments of up to €1,000 from tax.
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