🚨France experiences a major sudden reversal! Repeals the mandatory reporting clause for self-custodied crypto wallets!

According to Journal Du Coin, the French Joint Parliamentary Committee (CMP) officially removed Article 3, Paragraph 4 from the anti-tax evasion and anti-social fraud bill.

The original clause required taxpayers to report self-custodied crypto wallets valued over 5,000 euros annually.

Industry organization ADAN continued lobbying, and ultimately legislators compromised—acknowledging that the clause is technically unfeasible and poses a serious threat to user privacy and security.

France is a high-incidence area for "extortion attacks" in Europe, accounting for nearly 40%. Once data is leaked, users will become direct targets of crime.

⚠Important reminder: France's crackdown on tax evasion remains strong, and the EU DAC 8 directive will take effect in 2026, with cross-border crypto asset tax information automatically exchanged. $ETH $LAB $DOGE ​​​#比特币现货交易量新低