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French lawmakers back stablecoin swap tax in 2027 budget bill
cointelegraph.com·about 12 hours ago
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about 10 hours ago
Wait, so does the tax kick in every single time you swap between stablecoins, or only when you cash out to actual euros?
Will this actually push volume toward non-EU platforms or just keep people from swapping at all?
Probably both honestly, most retail just stops touching it while the bigger flow quietly reroutes to offshore perp venues where nobody's checking.