French National Assembly Finance Committee Passes Cryptocurrency Tax Amendment, Later Rejects Budget Revenue Part

The Finance Committee of the French National Assembly has passed two cryptocurrency tax amendments, including treating the exchange of stablecoins regulated by MiCA as taxable sales, imposing taxes on departing individuals with cryptocurrency assets worth over 800000 euros, and allowing investors to carry forward losses on cryptocurrency assets for 10 years. On October 9th, the committee rejected the revenue portion of the budget by 31 votes to 3. The above-mentioned amendments will not be automatically included, and supporters need to resubmit them in the debate starting on October 13th. The official vote is scheduled for October 20th. (Source: Decrypt)