France’s National Assembly adopted a crypto tax amendment targeting certain stablecoin swaps, while separate proposals on exit taxes and self-custodial wallet reporting remain under consideration.
Update, Oct. 20, 7:48 am UTC: This article has been updated to include a delay in the National Assembly’s vote on the revenue section of the 2027 state budget.
French lawmakers narrowly approved a new crypto tax amendment on Friday that could make crypto-to-stablecoin swaps taxable events starting in 2027.
France’s National Assembly adopted Amendment I-3898 on Friday, with 38 votes in favor, 37 against and 25 abstentions. The measure was initially introduced as committee amendment I-CF1826 by French MP Nicolas Sansu and adopted on Oct. 7.
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