France passes a bill to impose a 31.4% capital gains tax on the exchange of Bitcoin for stablecoins
According to CoinDesk, France has narrowly passed a cryptocurrency tax amendment, proposing to impose a 31.4% capital gains tax on transactions exchanging crypto assets for stablecoins starting from January 2027.
However, the amendment still needs to be approved by the French Senate and go through the budget coordination process before it can officially become law.
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