France eyes massive new tax as violent protests erupt

France is set to kill the "tax-free" crypto swap by taxing stablecoin conversions at a massive 31.4%. This means you’ll owe the government nearly a third of your gains even if you never withdraw a single Euro to your bank account. While the country faces violent riots over living costs, the state is coming for "paper gains" that haven't even left the digital ecosystem. Is it justifiable to tax investors before they’ve actually cashed out, or is this just a desperate government overreach?
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