France Just Voted to Tax Every Crypto-to-Stablecoin Swap at 31.4% — And USDT Is Exempt

On October 7, 2026, the French National Assembly’s Finance Committee voted 38-37 to extend the country’s existing 31.4% flat tax on crypto gains to crypto-to-stablecoin swaps. The amendment, sponsored by Communist MP Nicolas Sansu and 16…