French lawmakers have adopted an amendment requiring crypto holders to report holdings equal to or above €100,000 ($112,000), with fines of up to €10,000 for non-compliance. The measure targets self-custody wallets and aims to combat fraud, but has raised growing security concerns amid a series of violent attacks and kidnappings targeting crypto holders in France in recent years. The proposal must still be reviewed by the National Assembly and has not yet become law.
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