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France Targets Crypto-to-Stablecoin Exchanges With 2027 Tax Amendment

France Targets Crypto-to-Stablecoin Exchanges With 2027 Tax Amendment

Photo: Coincu

France has passed a tax amendment that will treat crypto-to-stablecoin exchanges as taxable events, with the measure set to take effect from 2027, marking a significant shift in how French regulators classify digital asset transactions that had previously occupied a grey area in the country’s tax code. The amendment targets a transaction type that has grown increasingly common among retail and institutional participants: swapping a volatile cryptocurrency directly into a stablecoin without converting to fiat.

Source: Coincu

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