French Lawmakers Back Reporting Rule for Crypto Wallets Over $112K
Key Highlights: French lawmakers introduced a series of crypto-focused tax amendments aiming to curb evasion, citing a massive gap between realized crypto gains and declared assets in 2021. Proposals include mandatory wallet disclosure, an exit tax on digital asset holdings over €800,000, and ending tax deferrals on fiat-backed stablecoin conversions. Despite approval in the Finance ...