French tax plan could hit regulated stablecoin swaps
French lawmakers are considering taxing swaps from cryptocurrencies into EU-regulated stablecoins at the country’s 31.4% capital gains rate from Jan. 1, 2027, a move Chainalysis says could push traders toward less transparent alternatives. According to CoinDesk, the proposals also would require disclosure of self-hosted wallets holding at least €100,000, extend the exit tax to large crypto holdings and allow losses to be carried forward for 10 years, but none has become law.