The French Senate has approved a bill implementing the OECD's crypto reporting framework, but the National Assembly still has to sign off France is a step closer to letting foreign tax authorities see what its residents do with their crypto. On October 27, 2026, the French Senate approved bill No. 921, which would implement the OECD’s Crypto-Asset Reporting Framework, known as CARF. The measure is not law yet. It still has to clear the National Assembly. But the direction is clear: crypto transaction data is about to become something tax offices swap with each other automatically. What the Senate actually approved The bill authorizes France to put CARF into practice through a multilateral competent authority agreement. That is diplomatic language for a shared rulebook that lets tax agencies in different countries exchange information without negotiating one deal at a time. The first exchanges are scheduled for 2027. At that stage, 46 jurisdictions are set to take part, including France, Germany, the UK, Japan and Canada. The group is expected to grow. By 2029, the framework is projected to reach 77 participating jurisdictions, with additions that include Switzerland and the US. Wha...
France moves to share Bitcoin trade data with tax authorities across 46 jurisdictions initially
1 hour ago
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