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France's Assembly Backs Tax on Some Crypto-to-Stablecoin Swaps

TokenPost·October 19, 2026·1 min read
France's Assembly Backs Tax on Some Crypto-to-Stablecoin Swaps

France's Assembly backed a tax on some crypto-to-stablecoin swaps in a 38-37 vote. The measure covers swaps into EU electronic-money tokens tied to one official currency. If enacted, the change would start Jan. 1, 2027, affecting traders converting crypto to euro-pegged stablecoins.

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