French Senate passes bill for automatic crypto tax data sharing with foreign counterparts

The French Senate adopted a bill on Tuesday to allow tax authorities to automatically exchange cryptocurrency transaction data with foreign counterparts. The legislation, based on the OECD's Crypto-Asset Reporting Framework (CARF), requires crypto service providers to report customer identities and transaction data. It updates an existing financial account information agreement and follows France's 2025 reporting obligations under DAC8. The bill now moves to the National Assembly for consideration.