[France Advances Amendment No. 1649AC Requiring Citizens to Declare the Exact Market Value of Self-Custodied Crypto Assets] France has advanced Amendment No. 1649AC, requiring citizens to declare the exact market value of their self-custodied cryptocurrencies, even if no taxable transactions have occurred. Critics warn that this measure constitutes an improper invasion of privacy and could create a dangerous 'data honeypot' containing names, addresses, and precise crypto asset balances.