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Oct 17, 2026

French Assembly narrowly adopts stablecoin swap tax proposal by one vote

France's National Assembly passed a 2027 budget amendment by a single vote that would end tax deferral for crypto-to-stablecoin swaps starting January 1, though the measure is not yet law.

Oct 17, 2026·2 sources
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Top claims

  • ▪A French National Assembly vote on Tuesday, October 20, 2026, will decide the delivery of Amendment I-3898 and the 2027 Finance bill to the Senate for further consideration
  • ▪If adopted without modifications by the French Parliament, the capital gains tax imposed by Amendment I-3898 on crypto-to-stablecoin exchanges will take effect on January 1, 2027
  • ▪Chainalysis reported that 90% of cryptocurrency gains in France go undeclared, with 24,000 French taxpayers declaring nearly $427 million in gains for 2024

Topics

France stablecoin and exit-tax proposalsStablecoinsCrypto regulationCrypto taxation

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France