A closer look at “France Approves 31% Capital Gains Tax on Stablecoin Trades Starting 2027”, exactly as the source publishes it. France's parliament has passed Amendment I-3898, eliminating tax deferral for MiCA-compliant stablecoins and imposing a 31% capital gains tax on trades from January 2027. The move targets stablecoins like USDC and EUR-backed tokens, which previously benefited from deferred taxation under French law. Lawmakers argue the change aligns stablecoin taxation with other digital assets, closing a loophole that allowed crypto investors to avoid immediate tax liabilities.
The amendment is part of broader efforts to regulate the digital asset sector under the EU's Markets in Crypto-Assets (MiCA) framework. Industry groups warn the higher tax rate could drive stablecoin trading to other European jurisdictions with more favorable tax treatment, such as Germany or Portugal. However, supporters say it ensures fair contribution from a rapidly growing asset class. For the complete material, the listing points back to the source inside the network.