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French lawmakers back stablecoin swap tax in 2027 budget bill
Cointelegraph ·
Cointelegraph reports: France’s National Assembly Finance Committee approved proposals this week to tax swaps into fiat-pegged stablecoins and extend the country’s exit tax to crypto investors. Amendment I-CF1826, submitted by French MP Nicolas Sansu and adopted Wednesday, would make crypto conversions into fiat-pegged stablecoins taxable events from Jan. 1, 2027. The explanatory text describes the current tax treatment as a “loophole in the legislation,” according to a machine translation.…