France advances amendment requiring citizens to declare the exact market value of their self-custodied cryptocurrencies
According to ChainCatcher, citing Bitcoin News, France has advanced Amendment No. 1649 AC, which requires citizens to declare the exact market value of their self-custodied cryptocurrencies, even if no taxable transaction has occurred.
Critics warn that this measure constitutes an improper intrusion into private life and would create a dangerous "data honeypot" containing names, addresses, and precise crypto asset balances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bridgford Foods VP Richard Eugene Bridgford acquires USD 2,054.5 in common shares
New York Federal Reserve official: U.S. Treasury purchases have no preset path, will closely monitor financing market pressures in October
Lorie K. Logan, head of the New York Fed's Markets Group, stated that the Federal Reserve will continue to assess the reserve levels within the banking system. The purchase of U.S. Treasuries for reserve management does not follow a predetermined path and may be adjusted in the future based on market conditions.
Structure Therapeutics CMO Blas Coll Crespo disposes of USD 124,008 common shares
DigitalOcean CEO Srinivasan Padmanabhan disposes of $1.6 million in common shares
Crypto prices
More
