France Crypto Tax Plan Returns to Assembly Debate

The France crypto tax debate has a new flashpoint. On 7 October, the finance committee of France’s National Assembly approved a plan to apply the 31.4% capital-gains rate to certain cryptocurrency-to-stablecoin swaps from 1 January 2027. Chainalysis France head Francois Volpoet warned that the step could push traders toward offshore platforms or less monitored routes. The proposal is still under discussion and has not become law. --> The distinction matters for regulated crypto infrastructure developing under European rules : tax treatment could shape whether traders use those compliant channels, not just how much tax they owe.