France Pushes Stablecoin Tax as Lawmakers Approve 10-Year Crypto Loss Offset - bloomingbit

French lawmakers have advanced two measures that could reshape how crypto is treated under the country's tax framework. According to reporting from bloomingbit, parliament approved a provision allowing crypto losses to be offset over a ten-year period, a notable extension compared with typical annual carry-forward rules. At the same time, France is pushing for a tax on stablecoin transactions, signalling that policymakers view these dollar-pegged tokens as a distinct category rather than a simple extension of existing crypto rules.

The combination matters because it moves France's approach in two directions at once. Longer loss-offset windows can make crypto investing more workable from a tax perspective, since losses in one year may be usable against gains in later years. A stablecoin transaction tax, by contrast, could raise the cost of moving in and out of tokens often used for settlement or parking capital.

What to watch is how these proposals are finalised and implemented, whether the stablecoin levy applies broadly or only to certain transactions, and how other EU states respond. For market participants, the details will matter more than the headlines.