France: MP Paul Midy unveils bill to make the country Europe's crypto leader
- —Bill No. 3090 was filed on July 23, 2026, and contains six articles
- —Article 1 defers taxation of DAO governance tokens until the point of sale
- —Article 2 allows crypto losses to be carried forward for 10 years
- —Articles 4 and 5 shield executives' personal data and security costs
Why it matters: France aims to become the EU's crypto leader as US regulation stalls, potentially setting a precedent under MiCA.
Source: Cryptoast