French lawmakers have approved amendments to tax cryptocurrency conversions into stablecoins and allow investors to carry forward trading losses for 10 years as part of the country’s proposed 2027 budget.
Summary
- French lawmakers have approved a committee proposal to tax cryptocurrency conversions into qualifying stablecoins starting January 1, 2027.
- The Finance Committee backed a separate amendment allowing eligible crypto trading losses to offset future gains for up to 10 years.
- Another proposal would impose an exit tax on certain unrealized crypto gains when eligible holders move their tax residence outside France.
- All three amendments require further parliamentary…
