France Proposes Strict Tax Reporting Obligations for Self-Custody Crypto Users
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France has introduced a new legislative proposal requiring cryptocurrency investors to report self-hosted wallet transactions and foreign exchange holdings. France is moving to tighten its regulatory grip on the digital asset sector, with a newly unveiled legislative proposal that would impose strict tax reporting obligations on cryptocurrency users utilizing self-hosted wallets . According to details outlined in the official French legislative framework , the proposed measures aim to capture transactions previously operating outside traditional institutional reporting structures.
Source: Cryptopress
