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      France to Vote on Stablecoin Swap Tax in Upcoming Budget

      The French National Assembly is set to vote on an amendment regarding the taxation of stablecoin swaps on October 20, 2026. This amendment, which was narrowly approved by deputies with a single vote, aims to eliminate the current tax deferral for conversions into single-currency e-money tokens starting January 2027.

      If enacted, the new tax policy would impose immediate tax liabilities on individuals and businesses converting stablecoins into fiat-backed tokens, potentially impacting the cryptocurrency market in France. The decision comes amid ongoing discussions about the regulation of digital currencies and their integration into the traditional financial system.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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