ChainCatcher reports, citing The Defiant, that France’s National Assembly passed an amendment by 38 votes to 37 during its review of the 2027 budget bill. The amendment proposes ending the tax deferral available for certain exchanges of crypto-assets into stablecoins pegged to a single fiat currency, effective January 1, 2027.

A total of 100 lawmakers took part in the vote, of which 75 votes were valid.