France Approves 31% Capital Gains Tax on Stablecoin Trades

• France's parliament approved a 31% capital gains tax on stablecoin trades.
• The tax will apply to MiCA-compliant stablecoins starting January 2027.
• The amendment, I-3898, removes the tax deferral for these stablecoins.
• Separate proposals on exit taxes and self-custodial wallet reporting are still under consideration.