France’s National Assembly has passed a first-reading amendment imposing a 31.4% capital gains tax on conversions from cryptocurrencies to certain stablecoins regulated under the MiCA framework. This measure seeks to classify these transactions as taxable events, aligning them with existing private crypto gains taxation. Despite a narrow vote in favor, the amendment has not yet become law and must go through additional legislative stages. This development signals tighter French regulations on crypto transactions that do not involve fiat currencies.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
