France’s parliament has postponed to Nov. 3 a vote on a budget bill that includes a provision affecting the tax treatment of stablecoin-related gains, according to Techub, citing The Defiant. Under the proposal, gains converted into single-currency stablecoins would no longer qualify for tax deferral starting in January 2027. The measure has not been finalized and still requires additional parliamentary votes before it can move forward. The delay leaves the proposal pending as lawmakers continue the budget process.
France’s parliament has delayed until Nov. 3 a vote on a budget bill that includes a stablecoin tax provision, according to Techub, citing The Defiant.
The proposal would end tax deferral for gains converted into single-currency stablecoins starting in January 2027. The measure still needs further parliamentary votes.
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