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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/21/2026 | 84,093.42 |
| Change that session | +1.28% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/21/2026 | 2,473.76 |
| Change that session | +1.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- French Lawmakers Back Stablecoin Swap Tax by Just One Vote
France's National Assembly narrowly adopted budget amendment I-3898 by a single vote, which would treat swaps from crypto into MiCA-regulated stablecoins as taxable sales from January 1, 2027. Of the 100 deputies who voted, 38 backed the measure, 37 opposed it and 25 abstained. Gains would be calculated as the value of stablecoins received minus the purchase price of the coins given up, taxed at a flat rate that rose from 30% to 31.4% after social charges on capital income went from 17.2% to 18.6%. The government opposed the amendment, and Public Accounts Minister David Amiel asked for it to be withdrawn, arguing that stablecoins first need a legal definition. None of the measures is law yet, as the amendment still faces the rest of the budget process, and a separate proposal requiring holders to declare self-custodied crypto worth €100,000 or more has drawn backlash from the crypto industry.
- France's parliament approves vote to hit stablecoin trades with 31% capital gains tax
French lawmakers narrowly approved amendment I-3898 to the 2027 budget on October 16, by 38 votes to 37 with 25 abstentions, which would remove tax deferral on crypto-to-stablecoin swaps. From January 1, 2027, swaps into MiCA-compliant e-money tokens would fall under the 31.4% capital gains rate even without a cash withdrawal to a bank account. The amendment still must pass the remaining budget stages and could be changed or removed. Chainalysis's regional sales director for France, Francois Volpoet, warned that the levy could push investors toward DeFi, peer-to-peer trades and offshore exchanges, while Public Accounts Minister David Amiel questioned implementation and asked for the amendment to be withdrawn.
- France advances stablecoin tax, eyes self-custodial wallets and exit tax proposals
France's National Assembly adopted Amendment I-3898 by 38 votes to 37, with 25 abstentions, which would tax gains when crypto such as Bitcoin is swapped into stablecoins, even without converting to fiat; if enacted, it could apply from 2027. The calculation would use the acquisition cost of the sold asset and the weighted average purchase price. The same day, the Assembly rejected a proposal to carry forward realized crypto losses for 10 years, by 18 votes to 75 with 3 abstentions. Two proposals remain under consideration for the 2027 Finance Bill: Amendment I-CF1822 would extend the exit tax to unrealized gains for portfolios above €800,000 ($895,000) when taxpayers move their residence abroad, and Amendment I-2701 would require declaring self-custodial wallet holdings above €100,000 ($112,000).
- Proposed French tax on regulated stablecoins could drive crypto traders offshore
France is considering a 31.4% capital gains tax on swaps from cryptocurrencies into EU MiCA-regulated stablecoins, starting January 1, 2027. Chainalysis France CEO Francois Volpoet warned this could push traders toward unmonitored offshore stablecoins, and argued regulated stablecoin transactions are easier to monitor than DeFi or self-hosted wallets. Other amendments would require disclosure of self-hosted wallets holding at least €100,000, extend the exit tax to holdings worth roughly $900,000, and allow crypto losses to be carried forward for 10 years. None of the measures is law yet: the finance committee rejected the revenue section of the 2027 budget, so the amendments must return to the full National Assembly, with a vote scheduled for October 20. Greece, by contrast, is preparing a 10% capital gains tax on crypto.
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- Ethereum’s four-minute settlement plan could lower the cost of moving crypto
Ethereum researchers have proposed cutting the wait for transaction finality from about 16 minutes to roughly four minutes, though the draft is unfinished and has no activation date. Faster finality would let transfer services recover and reuse funds sooner; for a service fronting $1 million an hour, the idle money waiting on repayment would fall from about $267,000 to about $67,000. The plan would split validators’ block-selection and finality votes, allowing faster locking-in and an eventual move to quantum-resistant signatures. Many details, such as voting timings and penalties, remain unresolved, and Solana’s Alpenglow upgrade targets about 150 milliseconds.
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