France plans to tax stablecoin exchanges from 2027 onward and levy an exit tax on large cryptocurrency transfers abroad.

According to Cointelegraph, the Finance Committee of the French National Assembly approved amendments to the 2027 Finance Bill this week, proposing that as of January 1, 2027, the exchange of cryptocurrencies for fiat-pegged stablecoins would be classified as a taxable event, meaning investors could face capital gains tax even without converting the assets into fiat currency.