The sponsors said the measure was intended to combat tax evasion, citing a parliamentary inquiry into the taxation of wealthy individuals, which found that crypto capital gains reached 3.5 billion euros in 2021, while only 400 million euros in crypto holdings were declared to tax authorities that year.

Proposal faces legislative hurdles

The amendment was introduced by Charles de Courson, Jean-Pierre Bataille and Michel Castellani, three members of France’s Liberties, Independents, Overseas and Territories (LIOT) parliamentary group.

The wallet disclosure measure was among five crypto-related amendments adopted by the Finance Committee last week.

Other proposals previously reported by Cointelegraph included imposing an exit tax on…