Despite government concerns over complexity and transaction tracking, French lawmakers backed an amendment that could change how private investors’ crypto gains are taxed.
France’s National Assembly has narrowly approved a proposal to tax private investors’ exchanges of cryptocurrencies for single-currency stablecoins, voting 38–37 on 16 October. The amendment to the 2027 Finance Bill would trigger capital gains taxation even when investors keep their funds within the crypto market rather than converting them into traditional currency.
Under the proposed rules, taxation would apply to exchanges involving stablecoins linked to a single official currency, as defined by the EU’s Markets in…
