French Assembly Narrowly Adopts Stablecoin Swap Tax Proposal

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

31.4%

capital gains tax

$USDT

$183.48B mcap

$USDC

$72.53B mcap

If passed, the measure would subject French cryptocurrency holders to a 31.4% capital gains tax each time they exchange a cryptocurrency for a stablecoin. Analysts agree this would prompt French crypto holders to consider alternatives to…