French Assembly Narrowly Adopts Stablecoin Swap Tax Proposal
If passed, the measure would subject French cryptocurrency holders to a 31.4% capital gains tax each time they exchange a cryptocurrency for a stablecoin. Analysts agree this would prompt French crypto holders to consider alternatives to park their digital assets. France’s National Assembly Adopts Crypto-To-Stablecoin Exchange Taxation France is on the verge of tightening its […]
France's National Assembly narrowly adopted a proposal to impose a 31.4% capital gains tax on crypto-to-stablecoin swaps, meaning holders would be taxed each time they move digital assets into stablecoins. Analysts expect this to push French crypto holders to seek alternatives for parking their assets. The measure still needs to pass further legislative stages, but if enacted it would raise the cost of a common risk-off maneuver for French traders and could weigh on local crypto demand.
-
58M AGOThe Defiant · Score 55 · via Assembly, French Assembly
-
1H AGOYou’re reading thisFrench Assembly Narrowly Adopts Stablecoin Swap Tax ProposalBitcoin.com News · Score 55
