French Fraternité avec Crypto
A Legislation Update
The France’s Conseil d’Etat (Council of State) has been having a look to their current regulations on crypto and related topics in the frame of an european update to current state of the fintech and has changed the tax rate on cryptocurrency sales to a flat rate of 19 percent, rather than up to 45 percent like before.
Europe is going fast to create a normative friendly and safe enough to the crypto economy, this kind of steps might be paving the way for a rally over the summer for cryptocurrency.
Cheers!
good.
Yes but sadly it applies only for casual buyers... And to that you need to add 15,5% of social contributions. So total taxes are 40%.
And for professionals, traders or more frequent buyers, it is still up to 45%.
Yes I read about the exemptions, still a good step, better than nothing, dont you think? Thanks for reading
Yes better than nothing. But we hear some good and bad news from the government depening on the days.
For once I would like France to take some real decisions, not only very cautious step like this...
We all want that, I guess the EU is waiting for Swiss regulatory frames and the experiences in eastern european nations like Malta, Estonia, etc. Cautious when the bear market is still not fully overcomed
Oh thank you bro
Thank you for reading.
Excellente information @albertogm
a propos d'une mise à jour de la législation du Conseil d'Etat de la France, merci beaucoup, bonne fin de semaine et toujours heureux
merci @jkfarza
Good Post
thanks @cat3
you welcome Dear! @albertogm