Crypto regulation outlook: Democratic Congress and French wallet rules
A Democratic Congress is seen closing the crypto-friendly legislative window, with CLARITY stalled. In France, lawmakers voted to require declaration of self-custody wallets above €100k.
What we know
An account on X expects CLARITY to restart in January and says tokens with revenue share and buybacks may be hit hardest. In France, the Assemblée nationale voted the de Courson amendment requiring declaration of non-custodial wallets from €100,000 in the 2027 budget.
How the story developed
A Democratic Congress is seen closing the crypto-friendly legislative window, with CLARITY stalled. In France, lawmakers voted to require declaration of self-custody wallets above €100k.
Democratic control of Congress lifted gold about 2% and pushed the dollar and yields lower, while commentators debate its effect on policy, data centres and crypto legislation.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.