Policy · Updated 10 Oct, 07:00 am IST
France panel approves stablecoin tax and 10-year crypto loss relief proposal

Why it matters for readers: It explains one way a national government is trying to regulate and tax crypto activity, including stablecoins.
- Committee approved making conversions into qualifying stablecoins taxable from January 1, 2027.1
- Committee approved an amendment to let eligible cryptocurrency losses be carried forward for 10 years.1
- Both measures are part of the proposed 2027 budget and must pass additional legislative review before becoming law.1
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