Regulation· ★★★★· bearish·

France: Binance exits, 31.4% flat tax, DAC8 and digital euro — the crypto calendar to 2027

  • —Binance failed to secure a MiCA licence and halted spot trading in France on July 1
  • —Margin positions, Binance Loans and Flexible Loans were closed on October 1
  • —Flat tax on crypto gains is 31.4%: 12.8% income tax plus 18.6% social levies
  • —First DAC8 reports covering 2026 are due by June 15, 2027
Why it matters: France is setting the template for EU crypto rules: Binance's exit and the higher tax squeeze retail investors and exchanges without a MiCA licence.
Source: Journal du Coin