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French proposal would require reporting crypto holdings over 100,000 euros
The measure would apply to crypto owners with holdings above the threshold, prompting backlash amid concerns tied to recent wrench attacks in France.
Decrypt reports that a French proposal would require crypto owners to report their holdings when they exceed €100,000, which is about $112,000.
The outlet says the proposal has triggered backlash in the crypto community, with critics arguing the reporting requirement comes as France has faced a wave of so-called wrench attacks.
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