France's National Assembly Finance Committee approved amendments this week to tax swaps into stablecoins and impose an exit tax on wealthy crypto holders moving abroad. However, the committee rejected the budget's entire revenue section on Friday by 31 votes to 3. The full Assembly will therefore start from the government's original text, without the crypto amendments. Backers would have to submit the amendments again for the floor debate beginning Oct. 13, and neither measure is law. Both proposed tax rules would apply from Jan. 1, 2027, if the measures return and survive the legislative process.
