France Moves to Tax Crypto as Cost-of-Living Protests Erupt
French lawmakers have voted to tax crypto investors who move their profits into stablecoins, just as protests over living costs have erupted into some of the country’s worst riots in years. On October 16, France’s National Assembly approved an amendment by 38 votes to 37, with 25 abstentions. It would make certain crypto-to-stablecoin conversions taxable The post France Moves to Tax Crypto as Cost-of-Living Protests Erupt appeared first on BeInCrypto.
Key Takeaways
- French lawmakers have voted to tax crypto investors who move their profits into stablecoins, just as protests over living costs have erupted into some of the country’s worst riots in years.
- On October 16, France’s National Assembly approved an amendment by 38 votes to 37, with 25 abstentions.
- It would make certain crypto-to-stablecoin conversions taxable The post France Moves to Tax Crypto as Cost-of-Living Protests Erupt appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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