The Defiant reported that France's National Assembly passed a 2027 budget amendment by 38 votes to 37, with 25 abstentions. The amendment proposes ending tax deferral for conversions of cryptocurrencies into single-currency stablecoins from January 1, 2027. Investors may face capital gains tax at the current flat rate of approximately 31.4%, even without converting assets into legal tender. The amendment has passed only the National Assembly's first reading and still requires Senate review and subsequent legislative procedures before becoming law.