France’s National Assembly has rejected the revenue section of its proposed 2027 budget, removing several cryptocurrency tax and reporting amendments from the version of the legislation heading to the Senate.
Summary
- France’s National Assembly rejected the revenue section of its proposed 2027 budget by 458 votes to none, removing several previously approved crypto tax amendments from the text heading to the Senate.
- Among the affected proposals were a tax on crypto to stablecoin conversions and a requirement for taxpayers to disclose self-custodied crypto holdings worth at least €100,000.
- Morpho’s global head of public affairs, Faustine Fleuret, raised concerns about the…
