France advances self-custody crypto reporting rule. 🚨 France's Finance Committee backed Amendment I-CF821 to monitor private wallets: • Threshold: Mandatory reporting for self-custody wallets holding €100k+ ($112k) • Penalty: Fines up to €10,000 for non-compliance • Valuation Date: Based on holdings as of Dec 31 each year European tax policy is extending directly to on-chain assets.
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