French Lawmakers Back Stablecoin Swap Tax by Just One Vote
Summary
French lawmakers have narrowly approved a proposed amendment that would introduce a tax on stablecoin swaps. Starting in 2027, converting digital assets into euro or dollar stablecoins in France will trigger taxation, with profits calculated individually for each coin.
The amendment would make swapping crypto into euro or dollar stablecoins taxable in France from 2027, with gains measured coin by coin.
Source: Read the full story at Decrypt
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