A decentralized exchange that collects protocol fees can qualify as a digital asset broker under the proposed Illinois tax rules.

Overview Debates Related claims Topics Sources

France should tax cryptocurrency conversions into stablecoins

Individuals who fail to declare self-custodied crypto holdings under Amendment I-CF821 face fines of up to €10,000 ($11,000)

Sponsors of Amendment I-CF821 introduced the disclosure measure to combat tax evasion and address unrecorded cryptocurrency capital gains

On October 9, 2026, the French National Assembly's Finance Committee adopted Amendment I-CF821, requiring individuals to declare self-custodied crypto wallets valued at or above €100,000 ($112,000) annually as of December 31

Regulated crypto service providers in France already face tax reporting obligations, whereas self-custodied wallets previously remained unmonitored

The French Finance Committee voted to treat conversions from cryptocurrency into fiat-backed stablecoins as taxable sales beginning January 2027

Nym CEO Harry Halpin criticized the crypto wallet disclosure rule in Amendment I-CF821, citing a case where a French tax agent allegedly sold crypto holders' tax data to criminals

The French Finance Committee approved expanding France's exit tax to cryptocurrency holdings exceeding €800,000 when taxpayers move abroad

Amendment I-CF821 was sponsored by LIOT parliamentary group deputies Charles de Courson, Jean-Pierre Bataille, and Michel Castellani

To become law, the rejected crypto amendments, including Amendment I-CF821, must be re-submitted and approved during full National Assembly floor debate

French lawmakers set the higher €100,000 crypto disclosure threshold to address security concerns stemming from recent targeted attacks against cryptocurrency holders in France, including the kidnapping of Ledger co-founder David Balland

A French parliamentary inquiry found that crypto capital gains reached €3.5 billion in 2021, while only €400 million was declared to tax authorities

French lawmakers rejected an earlier crypto wallet disclosure proposal preceding Amendment I-CF821 in April 2026 that set a declaration threshold of €5,000

Robinhood Chain captured $6.57 billion in stock token trading volume in September 2026, representing roughly 42% of monthly on-chain equity trading volume

Robinhood Stock Tokens trade around the clock on decentralized exchanges, including Uniswap

The attacker behind the October 12 Autheo bridge exploit swapped the 19 million minted Autheo THEO tokens on Base liquidity pools for approximately 700.8 Ether, valued at $1.76 million, before bridging the funds to Ethereum

Thin trading liquidity for Autheo's THEO token on Base-based decentralized exchange Hydrex significantly amplified market sell pressure during the October 12, 2026 unbacked token dump

An orchestrator address beginning with 0x599b routed 9.5 million minted Autheo THEO tokens through roughly 54 swaps across the THEO/USDC pool, Uniswap v4 positions, and Hydrex pools.

On October 13, 2026, decentralized crypto exchange MNX launched pre-IPO valuation futures contracts covering artificial intelligence companies OpenAI, Anthropic, DeepSeek, and Moonshot.

Decentralized exchange MNX operates non-custodially on the MegaETH blockchain and executes orders through batch auctions that clear trades at scheduled intervals.