# French Lawmakers Vote 38 to 37 to Tax Crypto Swaps Into Euro-Regulated Stablecoins From 2027

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an exemption for conversions into MiCA e-money tokens and would tax gains at the 31.4% flat rate even when no euros are withdrawn.

- Published: 2026-10-20T05:39:30.204Z
- Canonical: https://polylog.news/crypto/2026-10-20/french-lawmakers-vote-38-to-37-to-tax-crypto-swaps-into-euro
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/french-mps-back-crypto-tax-and-stablecoin-swaps-take-the-hit/)

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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