France Seeks Global Crypto Data Sharing Amid Rise in Crypto-Related Violence

France has introduced a bill to share crypto tax data with 48 countries, aiming to expand its oversight over crypto users. The bill seeks to implement the Crypto-Asset Reporting Framework (CARF) developed by the OECD, which would enable automatic exchange of information on specific transactions and user details.

The CARF framework would allow France to exchange data with countries that have subscribed to the agreement signed in Paraguay in November 2024. The exchanged information includes transaction data, user names, addresses, tax identification numbers, residence, and aggregate value transacted during the reporting period.

France is responding to a surge in crypto-related violence in the country, where tax officials allegedly sold data on high-net-worth French crypto holders. According to Chainalysis' report, through 2026, French authorities have logged 30 publicly known incidents of 'wrench attacks', which include violence associated with cryptocurrency thefts.