PANews December 12 News, according to Bitcoin News, France has advanced Amendment 1649AC, which requires citizens to report the exact market value of their self-custodied cryptocurrencies, even if no taxable transaction has occurred. Critics warn that this measure is an inappropriate invasion of privacy and could create a dangerous “data honey pot” containing names, addresses, and precise cryptocurrency balances.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.