[French National Assembly Passes Stablecoin Tax Amendment for Cryptocurrency Exchanges by One-Vote Margin, Set to Be Implemented in 2027] Odaily Planet Daily News: The French National Assembly has passed a 2027 budget amendment with 38 votes in favor, 37 votes against, and 25 abstentions. The amendment proposes to eliminate the tax deferral treatment for cryptocurrency exchanges involving single-currency stablecoins starting January 1, 2027, bringing such transactions under the scope of capital gains taxation. According to the amendment, investors converting crypto assets into stablecoins pegged to fiat currencies such as the euro or the US dollar may be required to pay capital gains tax at the current unified rate of approximately 31.4%, even if the conversion does not involve fiat currency. The amendment was proposed by French MP Nicolas Sansu and others, though France's Public Accounts Minister had previously called for its withdrawal, citing implementation complexities. The amendment has only passed the first reading in the National Assembly and has not yet become law, as it still requires review by the Senate and subsequent legislative procedures. (The Defiant)