Passing by a slim margin is entirely different from a tax already being imposed. France has passed an amendment to its cryptocurrency tax rules proposing a 31.4% capital gains tax on exchanges of crypto assets for stablecoins from January 2027. The amendment still needs Senate approval and budget reconciliation before it can officially become law. Bitcoin $BTC is currently trading at 81642.01 USDT, down 1.10% over the past 24 hours. That decline reflects the day’s market action; it has nothing to do with a tax rate that may not take effect until January 2027. The vote passed by only a slim margin, and the process is not yet complete. For now, 31.4% looks more like a provision still under consideration. Will the Senate approve it as written, or revise the section on exchanges for stablecoins?
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