Back to news
RegulationHigh impact — Significance is rated automatically and is not a price signal.
France Approves Reporting Requirement for Self-Custodied Crypto Above 100,000 Euros
(3 hours ago) · 1 source · Summarized by CryptoBipto
France has backed an amendment requiring individuals to report self-custodied cryptocurrency holdings worth 100,000 euros or more. The measure introduces a new disclosure obligation for crypto holders who store their own assets outside of exchanges or custodial services.
WHY IT MATTERS
When you hold crypto on an exchange like Coinbase or Binance, the exchange knows what you own and can share that information with tax authorities.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- cointelegraph.com
RELATED
Self-CustodyCrypto RegulationTax ReportingFranceEuropean Regulation
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- How do crypto wallets and self-custody work?How crypto wallets, private keys and seed phrases work, the difference between hot, cold, hardware and custodial wallets, and what self-custody actually means.
- How are institutions and regulators approaching crypto?What institutional adoption means in crypto, how spot ETFs and corporate treasury holdings work, and how regulation shapes what is available to ordinary users.