A reported French proposal to require Bitcoin self-custody disclosures remains unverified. The amendment text and committee action could not be confirmed, and the “100,000 Bitcoin” figure is unclear. No evidence shows the measure became law.
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Spain says self-custodied crypto may sit outside Form 721 reporting if you truly control the private keys, while foreign custodians can still trigger disclosure. The key issue is custody, not whether the wallet is hot or cold.
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France’s top court refused to pause DAC8 crypto reporting rules, keeping France’s EU tax-data rollout in place while Bull Bitcoin and Paymium continue their privacy and legal challenge. The bigger fight over surveillance, security, and tax transparency is still very much alive.
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France’s estimated $9.4 billion in potentially taxable crypto activity points to a sizable market, not a tax bill. But as the EU’s DAC8 rules and OECD CARF framework tighten reporting on centralized platforms, the compliance net is getting a lot less cozy.
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