French lawmakers support imposing reporting requirements on crypto wallets with holdings exceeding 100,000 euros.

French lawmakers are backing a proposal that would require individuals holding self-custodied crypto assets valued at €100,000 (roughly $112,000) or more to report their holdings, with violators facing penalties. The amendment, designated I-CF821, was passed by the Finance Committee of the French National Assembly last Friday. It seeks to introduce reporting requirements for crypto assets not held through crypto asset service providers (CASPs), including those stored in personal wallets. The ame

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