taxamendment

France just unleashed a “secret weapon” to force whales into the open! 🇫🇷🐋
France’s National Assembly has just passed an amendment requiring disclosure of self-custody (personal) wallets holding over 100,000 euros before December 31. You can’t hide from the sun forever—thought cold wallets meant anonymity, but now the government wants to “see right through you”!
What should traders do?
• If your wallet is under €100k: Stay calm, eat well, and sleep soundly.
• If your wallet is over €100k: Be prepared to disclose everything if you live in France. Don’t foolishly hold onto losing positions or skirt the law, or you could face hefty fines.
• For our Vietnamese friends: Sit back and watch the drama unfold, and take the opportunity to scoop up more—what else!
⚠️ This is not financial advice.
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#FrenchAssemblyPassesSelfCustodiedCryptoReportingAmendment #CryptoRegulation #TaxAmendment #SelfCustody #CryptoTax #VINHTOCDO