The French Finance Committee has approved a proposal requiring anyone who holds €100,000 or more in crypto assets in self-custody wallets (such as Ledger or MetaMask) to disclose them and report them to the tax authorities annually. Violators could face fines of up to €10,000!
⚠️ Why does this news matter to you?
The proposal has sparked widespread uproar and sharp criticism in the crypto community because it affects the very essence of “decentralization” and user privacy, and could pave the way for similar legislation in other EU countries.
💬 What do you think? Do you support this surveillance in the name of combating tax evasion, or do you see it as a violation of crypto privacy? Share your thoughts in the comments!
👇 Follow the account to get all the latest and exclusive updates from the world of cryptocurrency as they happen! 🚀 #bitcoin #CryptoNewss #Binance #Bitcoin❗ #Write2Earn