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France scraps crypto tax amendments after lawmakers reject 2027 budget section

By Rony Roy

France’s National Assembly has rejected the revenue section of its proposed 2027 budget, removing several cryptocurrency tax and reporting amendments from the version of the legislation heading to the Senate. The November 4 vote saw 458 lawmakers oppose the revenue…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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