French Assembly backs reporting of self-custodied crypto of 100,000 euros or more

France's National Assembly adopted Amendment I-2701 on Tuesday, November 3, 2026, by a 150-44 vote with eight abstentions, according to the Assembly's official voting record. The amendment would require taxpayers to report self-custodied crypto holdings totaling at least 100,000 euros ($112,000) to tax authorities, with the threshold assessed on December 31 of the relevant tax year.

The reporting requirement forms part of the 2027 Finance Bill and would need to be retained in the final legislation to become law. The Assembly faces a November 17 deadline to complete its first reading of the bill, and Senate debate is scheduled to begin November 20, according to the Senate's schedule.

In the same session the Assembly rejected an amendment that would have exempted gains on crypto payments for goods and services from tax where the payments totaled no more than 1,000 euros ($1,120) during the tax year. The proposal was defeated 69-14, according to the Assembly's transcript.

The Assembly also postponed its scheduled vote on the budget's revenue section for the second time as lawmakers continued debating amendments; the vote was originally scheduled for October 20. Faustine Fleuret, global head of public affairs at lending protocol Morpho, told Cointelegraph that the postponement itself does not introduce a significant change, but that a likely rejection of the revenue section could result in rejection of the entire bill, including provisions adopted by amendment.

On Friday, October 30, 2026, the Assembly rejected two proposals that would have applied exit taxes to unrealized crypto gains when taxpayers transferred their tax residence abroad. Lawmakers approved an amendment on October 16 that would tax gains from converting crypto into stablecoins classified as electronic money tokens under EU rules; that proposal would also need to be retained in the final law.