France's Crypto Bill: Tax Overhaul and Executive Safety Measures Introduced

France's National Assembly member Paul Midy has introduced a digital-asset bill co-signed by 91 lawmakers to close tax gray areas that currently penalize French digital asset users and companies. The bill, filed under number 3090, aims to align crypto taxation with traditional securities in France.

The proposal includes three key measures: taxing the event that generates income rather than unrealized assets; allowing crypto capital losses to be carried forward for up to 10 years; and exempting crypto payments up to €1,000 from taxation per year. These changes do not affect the existing flat taxation rate on crypto gains, which rose to 31.4% at the start of 2026.

The bill also addresses the physical safety of blockchain asset company executives by concealing their home addresses from public registries and requiring companies to cover security costs for executives facing credible threats. This provision builds on an earlier effort by Midy to pseudonymize the home addresses of Web3 entrepreneurs after a string of kidnapping attempts targeting figures in France's Web3 industry drew national attention.