The policy specifically focuses on conversions into stablecoins governed by the MiCA regulation. Some observers suggest the measure would effectively pressure investors to keep their cryptocurrency indefinitely to avoid triggering the tax upon selling their assets.
Wednesday, October 21, 2026
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France Proposes 31.4% Tax on Crypto Stablecoin Conversions
Crypto7 days ago
The French government is targeting investors with a new capital gains levy on trades that move cryptocurrency into digital assets complying with the MiCA framework. The proposal would apply a 31.4% tax to profits made from converting tokens into those regulated stablecoins beginning in January 2027.
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