Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

The French Senate passed the bill to approve the multilateral agreement on the declaration framework for crypto assets

According to the official website of the French Senate, the French Senate passed Bill No. 21 on October 27, 2026, in a first reading under an accelerated procedure, authorizing the approval of two multilateral documents related to the automatic exchange of tax information:

The first is a multilateral agreement on the automatic exchange of information regarding the reporting framework for crypto assets (CARF) between competent authorities, and the second is a supplementary document to the multilateral agreement on the automatic exchange of financial account information (CRS). Both documents were signed on November 26, 2024, in Asunción, Paraguay, with the specific text found in the annex of Bill No. 921 (2025-2026 fiscal year).