Update
French Lawmakers Approve Stablecoin Swap Tax Amendment
French lawmakers approved an amendment to make swapping cryptocurrency for stablecoins taxable in France starting in 2027. The amendment requires gains to be measured coin by coin and applies to stablecoins under the EU's MiCA regulation. The measure passed with a single-vote margin, receiving 38 votes in favor out of 100 deputies, including 37 against and 25 abstentions.