
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