France weighs 31.4% tax on some Bitcoin-to-stablecoin trades

France weighs 31.4% tax on some Bitcoin-to-stablecoin trades

N
News Editor
2026-10-16 14:37:55
France is considering a package of crypto tax measures that would affect certain Bitcoin-to-stablecoin transactions, large crypto holdings, and self-custodied wallets, according to a post by Bitcoin News on X cited by Odaily. The proposal would apply a 31.4% capital gains tax to some Bitcoin swaps into stablecoins. It would also impose an exit tax on crypto assets valued above 800,000 euros and require disclosure of self-custodied wallet holdings worth at least 100,000 euros. Another provision would allow crypto losses to be carried forward for 10 years. None of these measures has become law at this stage. Odaily said the revenue section of France’s 2027 budget has already been rejected by the National Assembly, meaning the proposed measures will need to be resubmitted for further review.

France is considering a set of crypto tax measures, including a 31.4% capital gains tax on certain Bitcoin-to-stablecoin transactions, according to a post by Bitcoin News on X cited by Odaily.

The proposal would also apply an exit tax to crypto assets worth more than 800,000 euros and require reporting of self-custodied wallet holdings valued at no less than 100,000 euros. It also includes a provision that would allow crypto asset losses to be carried forward for 10 years.

None of the measures has become law so far. Odaily said the revenue section of France’s 2027 budget has been rejected by the National Assembly, and the measures will need to be submitted again for review.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
100

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.