French Senate Passes Ratification Bill for Multilateral Agreement on the Crypto-Asset Reporting Framework

According to the official website of the French Senate, on October 27, 2026, the French Senate passed Bill No. 21 at first reading under an accelerated procedure, authorizing the ratification of two multilateral instruments on the automatic exchange of tax information: the Multilateral Agreement on Automatic Exchange of Information under the Common Crypto-Asset Reporting Framework (CARF) between Competent Authorities, and a supplementary instrument to the Multilateral Agreement on Automatic Exchange of Financial Account Information (CRS). Both instruments were signed in Asunción, Paraguay, on November 26, 2024; specific texts are provided in the annex to Bill No. 921 (2025–2026).