France Plans 31.4% Bitcoin-to-Stablecoin Tax and Crypto Exit Levy

France is considering a 31.4% tax on Bitcoin-to-stablecoin exchanges alongside a possible departure tax targeting large crypto holdings, a two-pronged fiscal approach that would make converting Bitcoin into dollar-pegged assets a taxable event while potentially penalizing holders who relocate outside French jurisdiction. The reported proposal, which has not been confirmed as enacted law, would apply a 31.4% rate specifically to Bitcoin-to-stablecoin exchanges , treating such conversions as a taxable disposal rather than a like-for-like transfer.

Source: Coincu