The French National Assembly approved an amendment requiring taxpayers to report self-custodied crypto holdings totaling at least 100,000 euros ($112,000), measured on Dec. 31 of the relevant tax year, by a 150–44 vote. The amendment still needs to be retained in the 2027 Finance Bill to become law. The Assembly rejected a proposal to exempt gains on crypto payments for goods and services when total payments were no more than 1,000 euros ($1,120) in the tax year, by 69–14. It also rejected two proposals for exit taxes on unrealized crypto gains, and earlier approved taxing gains from converting crypto into stablecoins. The budget revenue vote was postponed a second time, and the Assembly faces a Nov. 17 deadline to complete its first reading.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/03/2026 | 77,453.86 |
| Change that session | +0.83% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 11/03/2026 | 2,274.77 |
| Change that session | +0.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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