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France Advances New Rule Requiring Declaration of Self-Custodied Cryptocurrency Market Value, Sparking Privacy Concerns

By: theblockbeats.news|2025/12/12 05:15:55
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BlockBeats News, December 12, According to Bitcoin News, France is advancing Amendment 1649AC, which requires citizens to declare the exact value of their self-hosted cryptocurrency assets, even if no taxable transactions have occurred. Critics warn that the measure constitutes undue interference in private life and could potentially create a risky "information honey pot" containing names, addresses, and specific cryptocurrency balances.

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