France targets idle crypto holdings.
By Maxime Laurent · 2025-11-04 15:32
France targets idle crypto holdings.
Lawmakers approve a 1% annual tax on “unproductive wealth.” 🇫🇷💰
French deputies just gave the green light to a new measure that could hit large crypto holders where it hurts: their cold wallets. Under the proposal, anyone with over €2 million in idle digital assets — coins not actively staked, traded, or lent — will face a 1% yearly tax.
The government frames it as a “fair contribution” from those sitting on digital fortunes that don’t benefit the economy. But let’s be honest — it’s a clear sign Paris is tightening the screws on crypto wealth.
For long-term hodlers, especially those holding $BTC and $ETH for years, this could be a real game changer. Time to make those wallets work a little, non? ⚖️
#France #crypto #regulation #BTC #ETH #taxes #europecrypto
Lawmakers approve a 1% annual tax on “unproductive wealth.” 🇫🇷💰
French deputies just gave the green light to a new measure that could hit large crypto holders where it hurts: their cold wallets. Under the proposal, anyone with over €2 million in idle digital assets — coins not actively staked, traded, or lent — will face a 1% yearly tax.
The government frames it as a “fair contribution” from those sitting on digital fortunes that don’t benefit the economy. But let’s be honest — it’s a clear sign Paris is tightening the screws on crypto wealth.
For long-term hodlers, especially those holding $BTC and $ETH for years, this could be a real game changer. Time to make those wallets work a little, non? ⚖️
#France #crypto #regulation #BTC #ETH #taxes #europecrypto
Disclaimer: This content is for informational purposes only and not financial advice.