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French Lawmakers Back Stablecoin Swap Tax by Just One Vote

Decrypt·October 20, 2026·1 min read
French Lawmakers Back Stablecoin Swap Tax by Just One Vote

French lawmakers backed a stablecoin swap tax by a single vote. The amendment, effective 2027, makes swapping crypto into euro or dollar stablecoins taxable in France, with gains measured coin by coin. The narrow margin signals a contentious policy shift affecting crypto traders.

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