French lawmakers advance proposal for €100K crypto wallet disclosure

France wants to know what’s in your crypto wallet. That applies only if the wallet is worth €100,000 or more, and only if you hold the keys yourself. On October 9, 2026, the National Assembly’s Finance Committee advanced an amendment requiring individuals to declare self-custodied crypto wallets at or above that threshold. The valuation date is December 31. Holders who skip the paperwork could face fines of up to €10,000. The proposal is not law yet. Its legislative path got messy within hours of the committee vote. What the amendment would require The measure, filed as Amendment I-CF821, targets a specific blind spot in French tax reporting. Regulated crypto service providers already carry reporting obligations. Self-custodied wallets have largely sat outside that net until now. Under the amendment, anyone whose self-custodied holdings reach €100,000 as of December 31 would need to declare them annually. The penalty for not doing so could climb as high as €10,000. The sponsors are deputies Charles de Courson, Jean-Pierre Bataille, and Michel Castellani. All three belong to the LIOT parliamentary group. The €3.1 billion gap behind the push The motivation is tax evasion. More precis...