French Assembly Backs Reporting Rule for Self-Custodied Crypto Above €100,000 - www.tokenpost.com

France's National Assembly has backed a reporting requirement for self-custodied crypto assets valued above €100,000, according to TokenPost. The measure targets holdings that individuals control directly through their own wallets rather than through a custodian such as an exchange.

The development matters because self-custody has long sat in a regulatory grey zone. Reporting thresholds aim to bring large personally held crypto positions into a clearer disclosure framework, while smaller holders would fall outside the rule. For market participants, the key question is how such a threshold would be measured — at a point in time or across a period — and what documentation would be expected.

What to watch: the measure's progress through the remainder of the legislative process, any amendments to the threshold or scope, and how French authorities would implement and enforce reporting in practice. If enacted, the rule could serve as a template for other jurisdictions weighing similar approaches to self-custodied assets. For now, it signals a direction of travel toward greater transparency for large self-custody positions rather than a change in how crypto itself is held or traded.