France is making headlines with a controversial tax proposal targeting unrealized crypto gains as part of its 2025 budget.
If passed, investors could be taxed on the increased value of their holdings, even without selling them. The measure, approved by the Senate, now awaits a vote in the National Assembly.
Supporters argue the tax ensures wealthier investors contribute fairly, while critics warn it could penalize holders and discourage innovation. Unlike existing capital gains taxes on sales, this proposal adds a layer of complexity by taxing unsold assets, a rare move globally.
This development comes as Europe ramps up efforts to regulate crypto, balancing innovation with oversight. While France’s bold step may set a precedent, it also raises concerns about driving investment out of the region. The proposal highlights the growing tension between crypto’s decentralized ethos and governments’ push for tighter control.
If implemented, this tax could mark a significant shift in how digital assets are treated, both in France and potentially across Europe. It would put France at the forefront of crypto regulation but may also spark backlash from investors and businesses worried about the long-term impact on the region’s competitiveness in the fast-evolving digital economy.
The U.S. Securities and Exchange Commission has made it clear it will no longer involve itself in regulating memecoins—tokens often driven by internet culture, hype, and political branding.
Efforts to bring much-needed legal structure to the U.S. digital asset market took a leap forward with the introduction of the Digital Asset Market Clarity Act—a bill designed to lay the groundwork for coherent crypto regulation.
Thailand is preparing to weave digital assets into its tourism and financial infrastructure, starting with a pilot program that would let visitors pay in crypto through card-linked platforms.
Leading voices in the digital asset space are calling on U.S. regulators to break their silence on staking.