French Committee Backs Tax on Crypto-to-Stablecoin Swaps From 2027
A French National Assembly committee has backed a proposal to tax crypto-to-stablecoin conversions from 2027, but plenary approval is still required.
A committee in France’s National Assembly has approved a proposal that would tax conversions of cryptocurrencies into stablecoins starting in 2027.
The measure would cover swaps from any cryptocurrency into a stablecoin. Lawmakers are seeking to close what they describe as a loophole in the current rules.
The committee’s vote does not make the proposal law. It still needs to be debated and approved by the National Assembly in plenary.
Source: Bitcoin.com News
