French lawmakers back stablecoin swap tax in 2027 budget bill
Summary
France’s National Assembly Finance Committee approved proposals to tax conversions of crypto into fiat-pegged stablecoins from 2027 and extend the exit tax to unrealized crypto gains for taxpayers with household holdings above €800,000 who move abroad. Another adopted amendment would let investors carry forward realized crypto losses for 10 years. The proposals still require approval by the full Assembly as part of the 2027 Finance Bill. Separately, Greece proposed a 10% tax on individual crypto gains, exempting annual gains up to €500 while leaving crypto-to-crypto trades untaxed. EU-wide DAC8 reporting requirements began applying in 2026.
