カテゴリー: Emmanuel Macron

French Lawmakers to Lower Cryptocurrency Tax by 6 Percent

French Lawmakers Adopt Amendment to Cut Cryptocurrency Tax From 36 to 30 PercentFrench lawmakers have adopted an amendment to the 2019 budget bill that will cut capital gains tax on bitcoin sales to 30 percent from 36.2 percent. This will bring cryptocurrency transactions in line with other non-real estate assets, which are taxed at a flat rate of 30 percent. Also Read: Survey: South Africans Turn to Crypto […]

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New French Law Sets Out Guidelines For ICOs

New Law In France Sets Out Guidelines For ICOsAfter slashing taxes on profits made from cryptocurrency trading by more than half, France has now implemented a new legal framework for initial coin offerings (ICOs). Is Europe’s third largest economy transforming into a haven for cryptocurrency? Also read: Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned French Lawmakers […]

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Vive la France! Bitcoin Tax Slashed by Republic

Vive la France! Bitcoin Tax Slashed by RepublicAccording to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be […]

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France Appoints a Cryptocurrency ‘Mission Leader’

France Appoints a Cryptocurrency 'Mission Leader'Week after week regulators and governments have been announcing plans to regulate digital currencies like bitcoin. This week in France on January 15 the Minister of the Economy Bruno Le Maire announced his decision to create a “digital currencies mission” and a working group that will work towards regulating cryptocurrencies. In addition to the digital […]

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Crypto to Take Center Stage at G20 – “Need to See How We Can Regulate Bitcoin”

Crypto to Take Center Stage at G20 – "Need to See How We Can Regulate Bitcoin"French Finance Minister Bruno Le Maire announced on Sunday December 17th that the next Group of 20 (G20) meeting would include discussion about how to regulate the world’s most popular cryptocurrency, bitcoin. The digital asset hasn’t ceased in making news all year, and European politicians appear more concerned in direct proportion to its price increase, […]

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