France’s National Assembly Finance Committee adopted amendment I-CF821 requiring annual declaration of self-custodied crypto wallets worth €100,000 or more as of 31 December. Failure to declare could bring a fine of up to €10,000. The measure is not law yet and still needs further budget votes. Sponsors cite a large gap between realised crypto gains and amounts reported to the tax authority.

What it means: Even as a proposal, the amendment shows where EU national tax authorities are heading on visibility into high-value self-custody. Greek holders and companies running corporate wallets should keep detailed valuation and transaction records before similar duties arrive. CASPs already report; extending duties to self-custody changes the incentive to keep large balances outside custodians. Security concerns about targeting wealthy holders remain real if state databases expand. Businesses that pay suppliers in crypto should align accounting and compliance for possible cross-border reporting duties. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs. It belongs in operational planning for Greek SMEs.

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