France Backs Tax Reporting for Self-Custodied Crypto Worth €100K or More

The significance lies less in the reporting threshold itself than in the precedent: a major EU jurisdiction moving to bring self-custody — the segment most resistant to intermediary oversight — into the tax perimeter. This affects French taxpayers holding assets outside regulated platforms, and by extension the self-custody tooling and service providers serving them. The measure's fate in the budget process is the open question, and whether other jurisdictions follow France's lead on treating unhosted wallets as a disclosure category rather than a blind spot.