France’s National Assembly Finance Committee advanced Amendment I-CF821 on October 9, 2026, requiring annual declaration of self-custodied crypto wallets worth €100,000 or more as of December 31, with penalties up to €10,000 for non-compliance. The measure targets a €3.1 billion tax gap, as only €400 million of the €3.5 billion in crypto capital gains declared in 2021 were actually reported. A related budget revenue section was rejected the same day by a 31-3 vote, forcing its reintroduction before the full National Assembly. Debate is scheduled to resume on October 13, 2026. The €100,000 threshold is twenty times higher than the €5,000 proposal rejected in April 2026, reflecting security concerns over targeted attacks against crypto holders in France.
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