The wallet file of over €5,000 will eventually leak
Even without transfer. Even without capital gains. Simply for the fact of "owning". A tax measure taxes something. This one taxes nothing: it lists, and it is this intrusion into private life that worries us. 1. It is fiscally useless and unequal In France, we tax resale, not possession. If you do not sell, the State has no reason to know what you own.…
A French article expresses concerns over a tax measure that requires the listing of cryptocurrency assets, deeming it fiscally unnecessary and unequal. The measure is criticized for being an invasion of privacy and a security risk, as it creates a centralized database that could be leaked and used by criminals to target individuals with valuable crypto assets.
The article cites recent examples of leaked tax data being sold on the dark web and a tax administration employee being arrested for selling sensitive information to criminals. The author questions whether citizens would accept having a comprehensive list of their valuable possessions in a vulnerable database. The article is published by 0xAlert, a service that assists cryptocurrency holders with asset management and security.
Written by urgent.news from Dev.to's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.