Regulation

France Delays Budget Vote, Drops Crypto Exit Tax

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The French National Assembly has postponed the vote on the 2027 budget’s revenue section for the second time as the November 17 deadline for the first reading approaches.

Notably, proposals for a crypto exit tax have been scrapped amid this delay. This move marks a significant development in France’s regulatory stance on cryptocurrency, reflecting ongoing debates about digital asset taxation.

The postponement signals continuing uncertainties in the country’s fiscal planning, especially concerning how crypto investments are treated under tax laws.

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