France pushes bill to share crypto data with 48 nations

France is moving to write the OECD's Crypto-Asset Reporting Framework into law through Senate bill text 921, a July 17 measure introduced by French Minister for Europe and Foreign Affairs Jean-Noël Barrot that would let Paris automatically share crypto-user data with 48 countries that signed the accord in Paraguay in November 2024. The information slated for exchange includes transaction details, names, addresses, tax identification numbers, residence and the aggregate value transacted during the reporting period. The push would broaden international data sharing beyond the European Union's DAC-8 regime, which is due to take effect on September 30, 2027, and would speed up French crypto-data collection if approved. The proposal lands as France faces a wave of violent crypto-related thefts: Chainalysis said authorities had logged 30 publicly known incidents through 2026, while cautioning the real number may be higher, and linked the rise to allegations that a Paris-area tax official sold data on high-net-worth crypto holders. French lawmakers earlier this year dropped a plan to require holders to report self-custodied assets because deputies said those declarations would be too difficult to verify.

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