France eyeing 31.4% tax on crypto → stablecoin swaps from 2027

Yeah, you read that right. Converting your $BTC or $ETH to $USDT/$USDC could get hit with a third chopped off by the French tax man in 2 years.

This is how governments slowly kill on/off ramps and force everyone into KYC hell. Stablecoin exits = taxable event = liquidity drain.

If you're in EU, start planning your structure NOW. This sets a precedent other countries will copy.