France’s National Assembly rejected the revenue section of the 2027 budget late Wednesday by 458–0 (two abstentions), stripping previously adopted crypto amendments from the text heading to the Senate. Measures that fall away for now include taxing certain crypto-to-stablecoin conversions and requiring disclosure of self-custodied holdings above €100,000. The Senate debate is slated to start around Nov 20 — amendments can return there.
Why it mattersEU tax chatter moves CT headlines fast; this is a procedural delay, not a permanent kill switch.
News summary written by fadeCT from the linked reporting. Not financial advice. The fadeCT take, when present, is opinion.