France Moves to Tax Crypto Swaps Into Stablecoins Under MiCA Rules

TLDR French MPs voted 38 to 37 on October 16 to tax gains on crypto swaps into MiCA e-money tokens. A separate plan for a ten-year crypto loss carryforward was rejected by a vote of 75 to 18. Investors could owe tax on a swap even if the proceeds stay in crypto and no euros [...]

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