The French Senate has passed a 2025 budget that includes crypto taxation, subject to a vote by the National Assembly

The French Senate has passed the 2025 budget, which includes a tax on the "unproductive wealth" of bitcoin and other cryptocurrencies. The tax will be levied annually on unrealized gains on cryptoassets, meaning that cryptocurrency holders will be taxed even if they do not sell their assets. The proposal is currently awaiting a vote by the National Assembly.