France just dodged a bullet 🎯
Their budget got rejected → two major crypto tax proposals are now shelved:
• Tax on crypto-to-stablecoin swaps (dead)
• Mandatory reporting for self-custody wallets holding €100K+ (dead)
This was about to wreck French degens. Imagine getting taxed just for parking gains in $USDT or $USDC without even cashing out to fiat.
Bullish for EU crypto freedom. For now.
But don't sleep—these proposals will come back. They always do.
Their budget got rejected → two major crypto tax proposals are now shelved:
• Tax on crypto-to-stablecoin swaps (dead)
• Mandatory reporting for self-custody wallets holding €100K+ (dead)
This was about to wreck French degens. Imagine getting taxed just for parking gains in $USDT or $USDC without even cashing out to fiat.
Bullish for EU crypto freedom. For now.
But don't sleep—these proposals will come back. They always do.