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French lawmakers propose to tax unrealized gains on cryptocurrencies like Bitcoin as non-productive assets

2024-12-03 19:13:17

ChainCatcher news, according to Bitcoin Archive, French Senator Sylvie Vermeillet has proposed to classify Bitcoin and other digital assets as non-productive property in the 2025 budget, similar to real estate and luxury assets, and to tax their unrealized capital gains.

French Finance Minister Laurent Saint-Martin supports this initiative, believing that it is unfair to exempt Bitcoin from taxes while taxing physical economic assets.

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