Proposed French tax on regulated stablecoins could drive crypto traders offshore
Summary
A proposed tax on regulated stablecoins in France might force cryptocurrency traders to move toward unregulated offshore markets. Local industry leadership warns that this specific financial measure risks driving trading activity away from monitored domestic platforms.
Chainalysis CEO in France Francois Volpoet warned the proposed 31.4% tax on regulated stablecoins could push traders toward unmonitored offshore channels.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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