French Assembly Backs Tax on Crypto-to-Stablecoin Swaps by One Vote

Crypto Insight Summary: The 2027 budget amendment would end tax deferral for swaps into single-currency stablecoins from January 1, but it is not yet law. Crypto Insight Analysis: Direction: Bearish Stablecoins / Bearish Crypto Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Tax on crypto-to-stablecoin swaps could reduce liquidity and trading volumes.