French proposal: Swapping BTC for compliant stablecoins would also count as a sale, subject to a 31.4% tax starting in 2027. Previously, crypto-to-crypto swaps weren’t taxed; tax was due only when converting to fiat. Now compliant swaps get taxed, while non-compliant ones are left alone. Which side are you on: should this tax be paid, or will it just drive people to DeFi?