CryptoMedium•20 October 2026•
1 min read
France Approves 31% Capital Gains Tax on Stablecoin Trades
Key Facts
1The French parliament approved amendment I-3898, imposing a 31% capital gains tax on stablecoin trades.
2The new legislation removes tax deferral benefits for MiCA-compliant stablecoins starting in January 2027.
The French parliament approved amendment I-3898, imposing a 31% capital gains tax on stablecoin trades. CoinDesk reported that the new legislation removes tax deferral benefits for MiCA-compliant stablecoins starting in January 2027.
This regulatory move effectively ends the tax-free status of crypto-to-stablecoin trades in France. In a broader economic context, the ZEW Economic Sentiment Index for the region was reported at 18.5 on October 20, 2026, down from the previous reading of 25.8.