Information concerning the overseas cryptocurrency transactions of French residents may soon become accessible to the national tax authorities, following recent legislative progress. On Oct 27, the Senate in France officially approved a bill to implement CARF, the crypto data agreement established by the OECD. The legislation is now making its way to the National Assembly for the next stage of the approval process. Through this reporting framework, the country intends to conduct its inaugural data swaps in 2027, which will specifically evaluate trading activities completed during the year 2026.