Morning Edition · Tuesday, October 20, 2026Published at 1:39 AM EDT · New York
The amendment removes an exemption for conversions into MiCA e-money tokens and would tax gains at the 31.4% flat rate even when no euros are withdrawn.

France's National Assembly advanced a proposal on October 16 to tax swaps from crypto assets into e-money tokens regulated under the European Union's Markets in Crypto-Assets (MiCA) framework. The measure would take effect in January 2027 i…
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Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
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