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      French Assembly Approves Tax on Crypto-to-Stablecoin Swaps

      The French National Assembly has narrowly approved a budget amendment that introduces a tax on swaps from cryptocurrencies to single-currency stablecoins. The amendment passed by a single vote and is set to take effect on January 1, 2027, if it becomes law.

      This legislative change would end the current tax deferral on such transactions, marking a significant shift in France's approach to cryptocurrency regulation. However, the amendment is not yet finalized and will require further legislative processes before it is enacted.

      © 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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