Proposed French tax on regulated stablecoins could drive crypto traders offshore

France’s legislators introduced a new proposal to expand its 31.4% crypto capital gains tax to include trades involving European Union (EU)-regulated stablecoins, a move Chanalysis warns could drive investors toward stablecoins outside the bloc’s rules. The proposal is part of France's 2027 budget , which lawmakers began debating last week in the National Assembly and have until Dec. 10 to pass. An amendment adopted by the National Assembly’s finance committee on Oct.