French lawmakers back stablecoin swap tax in 2027 budget bill

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French lawmakers back stablecoin swap tax in 2027 budget bill

60-second summary

France's Finance Committee approves a stablecoin swap tax in the 2027 budget, targeting transactions and unrealized crypto gains for households holding over €800,000 that relocate abroad. The measure imposes a levy on each swap and taxes deferred profits, aiming to capture revenue from high‑net‑worth investors and signaling tighter European regulatory scrutiny on digital assets.

France’s Finance Committee backed taxes on stablecoin swaps, as well as unrealized crypto gains when households with more than 800,000 euros move abroad.