Regulation· ★★★· bearish·

French MPs back tax on swaps into MiCA stablecoins

  • —Amendment I-3898 passed 38-37 with 25 abstentions
  • —Loss carryforward amendment I-3653 rejected 75-18
  • —Tax would hit swaps into MiCA e-money tokens such as USDC
  • —Same-year loss offsets remain; carryforward to other years does not
Why it matters: French holders could owe tax on gains before cashing out when moving BTC or ETH into stablecoins.
Source: CryptoSlate