France Greenlights Crypto‑to‑Stablecoin Tax Starting 2027 to Close Regulatory Loophole

The French National Assembly committee has greenlit a bill that would impose a tax on crypto‑to‑stablecoin conversions effective 2027, aiming to seal what lawmakers call a regulatory loophole.

The measure still requires approval by the full Assembly, but its passage signals a tightening stance on digital‑asset taxation in Europe. Analysts warn the levy could reshape trading habits, drive investors toward untaxed alternatives, and shift activity to more crypto‑friendly jurisdictions.