France Just Connected Crypto to Its Wealth Tax

[chainsniff]

While BPCE is opening the doors to crypto… French lawmakers are tightening the rules around it.

A new amendment proposes to tax “unproductive wealth” — including digital assets — at a flat 1% rate.

This would apply to individuals holding over $2.3M in qualifying assets (real estate, luxury goods, crypto, etc.).

It still needs Senate approval as part of the 2026 budget, but the message is clear:

Crypto isn’t just an investment anymore in France.
It’s becoming part of the formal wealth system — banking, taxation, regulation.

Financial integration is happening on all sides.

[Nahid Hossen]

Tax integration means crypto is officially mainstream now.