France Proposes Law to Auto-Share Crypto Tax Data with 48 Countries

France's foreign minister has introduced legislation that would fold the OECD's crypto-asset reporting framework into domestic law and trigger automatic exchange of crypto data with 48 countries. Jean-Noël Barrot submitted Bill No. 921 to the Senate on July 17. Under the proposal, France would adopt the Crypto-Asset Reporting Framework (CARF) created by the Organisation for Economic Co-operation and Development and automatically exchange crypto data with the 48 countries that have signed related agreements. The information to be exchanged covers specific transactions, user names, addresses, tax identification numbers, residence, and cumulative transaction value over the reporting period. EU member states are already preparing for such exchanges under the DAC-8 directive, which takes effect on September 30, 2027. If the bill is approved, French authorities will speed up crypto data collection. A Chainalysis report records 30 publicly known violent robberies involving crypto assets in France as of 2026. The report also says a tax official in the Paris region is suspected of selling data on high-net-worth crypto holders.