Odaily Planet Daily report: During the review of the 2027 budget, France’s National Assembly Finance Committee proposed 10 amendments related to cryptocurrencies, with deliberations ongoing since October 7. So far, three amendments have been approved and one rejected. Approved measures include taxing stablecoin exchange transactions, imposing a crypto asset exit tax, and allowing crypto asset losses to be carried forward for 10 years. A proposal to extend the wealth tax to crypto assets was rejected, while certain self-custody wallet reporting requirements and platform penalty measures remain under review. None of these measures have yet become law and require further deliberation.
France's National Assembly Finance Committee Approves Three Crypto-Related Amendments
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Summary
On October 7, France’s National Assembly Finance Committee approved three crypto-related amendments, including a tax on stablecoin exchange transactions, a crypto asset exit tax, and a 10-year loss carryforward rule. A proposal to include crypto assets in the wealth tax was rejected, while other measures, such as reporting requirements for self-custody wallets, remain under review. These changes are part of the 2027 budget review and still require full legislative approval. Traders following crypto exchange developments should monitor further updates as these measures progress.
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