France proposes exit tax on crypto holders moving abroad with €800K

• —Exit tax threshold set at €800,000 in crypto holdings under article 167 bis of the tax code
• —Crypto-to-stablecoin swaps would become taxable sales from January 1, 2027
• —Crypto-to-crypto swaps with no cash component would not trigger the tax
• —Realized crypto losses could be carried forward for up to 10 years