France wants to impose a 31.4% tax on swapping Bitcoin for stablecoins, and large asset holdings may face an additional exit tax. $BTC is currently priced at 82,430, up 1.43% in 24 hours; the market is relatively quiet for now.
Put simply, when you swap crypto for stablecoins, a big chunk gets taken out right away.
If this tax takes effect, do you think people will swap out ahead of time, or just stop swapping altogether?

#BitcoinShortTermHolders’HoldingsRiseTo4.08MillionCoins

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