According to Bitcoin News, France has advanced Amendment 1649 AC, requiring citizens to declare the exact market value of their self-custodial cryptocurrencies, even if no taxable transactions have taken place.
Critics warned that the measure was an undue intrusion into private life and would create a dangerous "data honeypot" of names, addresses and precise crypto balances.
France advances amendments requiring citizens to declare the exact market value of their self-custodial cryptocurrencies
2025-12-12 03:00:31
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