Paris introduces a fiscal measure targeting unrealized gains from digital assets.
The French Senate has approved a new provision within the 2025 financial law: the introduction of a tax aimed at “improductive” assets, including cryptocurrencies. The measure entails an annual tax on unrealized gains from digital assets, even if they have not been converted into fiat currency.
Supporters of the measure see it as a fair way to tax large investors holding significant virtual wealth. Critics, on the other hand, view it as a dangerous precedent that could unfairly penalize those choosing to maintain long-term investments.
The ball is now in the court of the Assemblée Nationale, where lawmakers are set to meet on January 30 to decide whether to give final approval to the measure.
Nicolas Dorier, French developer and founder of BTCPay Server, commented on the news, stating:
