Analyst issues sarcastic response to 31.4% crypto tax expansion plan

France is launching a direct assault on financial privacy by forcing citizens to declare self-custody wallets or face a €10,000 fine. By targeting private wallets and slapping a 31.4% tax on stablecoin swaps, the government is trying to seize control over assets they can’t naturally track. This isn't just taxation; it’s a move to eliminate the autonomy of crypto. Is this a necessary step for regulation, or is the government overstepping its bounds? What’s your take?
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