France’s National Assembly Passes Amendment Requiring Reporting of Crypto Holdings Above €100K

HIGHLIGHTS French lawmakers approved mandatory reporting for self-custodied cryptocurrency holdings valued at €100,000 or more annually. The amendment passed with 150 votes supporting it, while 44 opposed and eight lawmakers abstained. Proposed penalties could reach €10,000, while the reporting requirement still awaits final legislative approval in France. France's National Assembly has approved an amendment requiring taxpayers to declare self-custodied cryptocurrency holdings worth €100,000 or more. The proposal has yet to receive final approval in the country's 2027 Finance Bill before it can become law.