The French National Assembly Finance Committee approved an amendment filed by Deputy Nicolas Sansu to treat swaps of cryptocurrency into MiCA-regulated stablecoins as taxable sales starting January 1, 2027

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.

How tax authorities treat digital assets, from capital gains on trades to income from staking, mining, and airdrops, along with reporting rules for exchanges and individuals.

France’s finance committee backed proposals to tax crypto-to-stablecoin conversions and extend exit tax to qualifying crypto holdings. The committee then rejected the budget’s revenue section on October 9, 2026; the amendments are proposals and have not become law.