French Senate Passes Bill for Automatic Crypto Tax Data Exchange
Current overview (not historical)
The French Senate has passed a bill enabling automatic exchange of cryptocurrency tax data, aligning with the OECD's CARF framework. The legislation requires crypto service providers to report client identity and transaction details. While the bill aims to standardize reporting and combat tax evasion, the Senate previously flagged that centralized storage of sensitive data could create a "single point of failure," raising security concerns.
Written with AI from the reporting · updated 10/29/2026
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- 1Unclassified fact stationOct 29, 00:00recorded Oct 29, 23:40single sourcerevised
法国参议院通过法案实现加密货币税务数据自动交换
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- French Senate
- Action：
- 采纳法案
- Object：
- 加密货币税务数据自动交换
- Occurred (fact side)：
- Oct 29, 00:00
- Published (valid side)：
- Oct 29, 23:00
- First seen (known side)：
- Oct 29, 23:40
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- CointelegraphRelated fact: single sourceSource report revisedFrench Senate passes bill for automatic crypto tax data sharing with foreign counterparts
Report first recorded Oct 29, 23:40
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.
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