According to Decrypt, a National Assembly committee in France adopted amendments that would impose taxes on stablecoin swaps and on crypto asset exits by wealthy holders. The committee subsequently rejected the revenue section of the 2027 budget proposal.
The tax measures target transactions involving stablecoins when converted among themselves or to other crypto assets, as well as disposals of crypto holdings by individuals classified as wealthy. The decision reflects consideration of these activities within a fiscal framework for high‑net‑worth investors. At the same time, the committee did not approve the budget’s projected income from these tax measures.
No additional details on rates, thresholds or implementation timelines were provided in the source material. The rejection concerns only the revenue portion of the 2027 budget; other parts of the budget were not mentioned.
