FRANCE PROPOSES 31.4% CRYPTO TAX ON STABLECOIN SWAPS | MAJOR WARNING FOR BITCOIN HOLDERS! ๐Ÿ‡ซ๐Ÿ‡ท France is considering a controversial tax proposal that could make converting Bitcoin, Ethereum, and other cryptocurrencies into certain MiCA-regulated stablecoins a taxable event. KEY DETAILS: ๐Ÿ”น Proposed Tax Rate: 31.4% on eligible capital gains ๐Ÿ”น Proposed Start Date: January 1, 2027 ๐Ÿ”น Amendment Author: Nicolas Sansu ๐Ÿ”น Parliamentary Vote: October 20, 2026 ๐Ÿ”น Current Status: NOT YET LAW WHY THIS MATTERS: Under the proposal, investors could owe taxes when swapping crypto into qualifying stablecoins, even without cashing out into euros. The crypto industry warns this could discourage regulated stablecoin adoption and push some investors toward offshore platforms or less transparent alternatives. IMPORTANT UPDATE: The amendment passed a Finance Committee review on October 7, but the committee later rejected the budget's revenue section. The proposal must return through the parliamentary process before it can become law. This is a PROPOSAL, not an enacted tax. Will France strengthen crypto tax compliance, or push investors toward less regulated alternatives?