French Parliament Rejects 2027 Budget Revenue Section, Dropping Crypto Amendments

The rejection shows how fragile crypto tax policy remains when it rides on a broader budget vehicle rather than standing alone: provisions that cleared one chamber can vanish with a single procedural vote. The amendments targeted two sensitive pressure points — stablecoin conversions as taxable events and self-custody disclosure above a threshold — so their removal matters most to French holders who self-custody and to the tax advisers mapping exposure. Whether the Senate revives them is the open question, and that legislative path, not the Assembly vote itself, will determine if the measures return.