Current outcome
France's National Assembly Finance Committee has adopted five crypto-related amendments (including a stablecoin swap tax, crypto exit tax, and self-custody wallet reporting), then rejected the budget's revenue section; the crypto amendments must be resubmitted during parliamentary debate to become law.
Progress timeline
3 material updates- #01
French lawmakers back stablecoin swap tax in 2027 budget bill
France's National Assembly Finance Committee approved an amendment to the 2027 budget bill that would tax crypto-to-stablecoin swaps as capital gains events starting January 1, 2027, and extend the exit tax on unrealized gains to crypto investors with household holdings above €800,000 relocating abroad.
Source evidence: Cointelegraph
- #02
French Committee Backs Stablecoin Swap Tax and Crypto Exit Tax, Then Rejects the Budget
France's National Assembly Finance Committee approved amendments to tax crypto-to-stablecoin swaps and impose a crypto exit tax on wealthy households, then rejected the budget's entire revenue section, sending the government's original text to the floor.
Source evidence: Decrypt
- #03
French lawmakers back reporting rule for crypto wallets over $112K
France's National Assembly Finance Committee also adopted an amendment (I-CF821) requiring holders of self-custodied crypto worth €100,000 or more to report holdings annually, with fines up to €10,000 for non-declaration.
State after update: France's National Assembly Finance Committee has adopted five crypto-related amendments (including a stablecoin swap tax, crypto exit tax, and self-custody wallet reporting), then rejected the budget's revenue section; the crypto amendments must be resubmitted during parliamentary debate to become law.
Source evidence: Cointelegraph