France plans to impose a 31.4% tax on Bitcoin-to-stablecoin conversions; crypto assets over 800,000 euros may face an exit tax

Odaily reports that Bitcoin News posted on X that France is considering imposing a 31.4% capital gains tax on certain Bitcoin-to-stablecoin transactions, an exit tax on crypto assets worth more than 800,000 euros, and requiring the declaration of self-custodied wallet assets valued at no less than 100,000 euros. Related proposals also include allowing crypto asset losses to be carried forward for 10 years, but none have yet become law; the French National Assembly has rejected the revenue portion of the 2027 budget, and the related measures still need to be resubmitted for review.