According to Journal Du Coin, France recently decided during a Joint Parliamentary Committee (CMP) meeting to officially remove Article 3, Section 4 from the anti-tax evasion and anti-social fraud bill. This section originally proposed requiring taxpayers to annually declare self-custody crypto wallets valued over €5,000. After continuous lobbying from industry organizations like the Association for the Development of Digital Assets (ADAN), lawmakers ultimately acknowledged the technical challenges of implementing this rule and the potential risks to user privacy, leading to a compromise to scrap the clause. However, the report notes that France's overall efforts to combat tax fraud remain strong, and the EU's DAC 8 directive will gradually take effect in 2026 to enhance the automatic exchange of tax information on cross-border crypto assets. https://(wublock123.com)/news/france-regulatory-eases-removes-5000-eur-self-custody-wallet-reporting-60465