France Budget Rejection Shelves Stablecoin Tax, Wallet Reporting

The shelving of these amendments is less a policy victory than a procedural pause: the measures were adopted, not defeated, and the Senate stage remains an obvious reopening point. For crypto firms and self-custody users in France, the practical effect is delay rather than resolution, leaving compliance planning in limbo. The open question is whether the Senate revives the provisions as written or uses the reset to reshape them.