This week, the Finance Committee of France's National Assembly approved proposals to tax swaps into stablecoins pegged to fiat currencies. The proposals are part of the bill for France's 2027 budget. Cointelegraph reported the vote on Oct 9, 2026.
The committee also voted to apply France's exit tax to crypto investors. Under the proposal, households with more than 800,000 euros would be taxed on unrealized crypto gains when they move abroad.
This was a committee vote on proposals. It is not a final law. The source does not give a tax rate, a start date, or details on how a stablecoin swap would be defined or measured.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, nothing changes directly today. The report says nothing about funding rates, trading fees, liquidity or derivatives. It also does not say whether a trader who converts crypto into a fiat-pegged stablecoin to post margin would fall under the proposed swap tax, so that question remains open.
Source: cointelegraph — French lawmakers back stablecoin swap tax in 2027 budget bill