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France steps up cooperation on crypto taxation, data privacy remains a challenge

France\'s Senate adopted a bill to allow automatic exchange of cryptocurrency transaction tax information with foreign tax authorities. The measure, based on the OECD\'s Crypto-Asset Reporting Framework, also covers amendments to existing financial account information exchange rules. France has introduced crypto reporting obligations under its 2025 finance law reflecting the EU\'s DAC8. Wider data sharing has raised security concerns, with critics warning that centralised EU storage could heighten exposure risks.