French Lawmakers Back Stablecoin Tax Change By A Single Vote
Summary
France’s National Assembly narrowly approved an amendment to the 2027 budget, by 38 votes to 37, that would end tax deferral for crypto-to-stablecoin conversions. The change could make moving gains from assets such as Bitcoin into a fiat-pegged stablecoin taxable before conversion to euros. The amendment is not yet law; further budget stages remain, and its wording could change.
