France drops €100,000 self-custody crypto reporting rule from 2027 budget

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France’s National Assembly adopted an amendment on November 3, 2026, by 150 votes to 44 with 8 abstentions, requiring the declaration of self-custodied crypto holdings worth more than €100,000. The threshold would have been assessed annually on December 31, with penalties for failing to file potentially reaching €10,000. The amendment disappeared after the revenue section of the finance bill was rejected on November 4-5, 2026, by 458 votes to none with 2 abstentions. Other provisions concerning the taxation of certain crypto-to-stablecoin conversions and stronger penalties for crypto platforms were also removed. The proposal could be reintroduced in a future parliamentary session, following the abandonment of an earlier version with a €5,000 threshold in April 2026.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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