French Committee Backs Stablecoin Swap Tax and Crypto Exit Tax, Then Rejects the Budget
60-second summary
France’s National Assembly finance committee approves amendments imposing a 0.3% tax on stablecoin swaps and a 0.5% exit levy for wealthy crypto holders, then votes down the 2027 budget’s revenue chapter. The measures target high‑value digital asset transactions, aiming to boost fiscal receipts, while the budget rejection signals political uncertainty that could dampen investor confidence in the French crypto market.
A National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders, then rejected the 2027 budget's revenue section.