France Proposes Tax on Regulated Stablecoin Conversions
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AI-assisted source synthesis · not an independent investigation.
On October 14, 2026, CoinDesk reported that French lawmakers proposed including cryptocurrency conversions involving stablecoins regulated under the EU’s Markets in Crypto-Assets Regulation (MiCA) within the scope of a 31.4% capital gains tax starting January 1, 2027. The measure is currently only a proposal and has not yet become law. Chainalysis warned that the move could prompt investors to shift toward stablecoins outside the EU’s regulatory framework and with lower transparency. The report also said that another proposal would require the declaration of self-custodial wallets holding at least €100,000 in assets and would set the carryforward period for crypto-asset losses at 10 years.
AI-written from reports · updated 5 days ago
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- CoinDeskFrance proposes 31.4% tax on crypto-to-MiCA-regulated stablecoin conversions
French lawmakers have proposed bringing crypto-to-EU MiCA-regulated stablecoin conversions within the scope of the 31.4% capital gains tax from January 1, 2027, but the measure has not yet become law. Chainalysis warned that this could push investors toward stablecoins outside the EU framework with lower levels of transparency; another proposal would also require the declaration of self-custody wallets holding at least €100,000 in assets and set a 10-year carryforward period for crypto-asset losses.
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