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France has created new legislation for crypto tax in France, targeting unrealized Bitcoin capital gains. This marks a first in crypto tax regulation. The measure affects French crypto holders with assets over €800,000. They must now pay taxes on increased value before selling. This move has sent shockwaves through the cryptocurrency community. JUST IN: France to tax #Bitcoin unrealised capital gains. pic.twitter.com/8zsehL05f4 — Bitcoin Archive (@BTC_Archive) December 3, 2024 Also Read: Nvidia: NVDA Surged 170% In 2024, How High Can It Surge In 2025? Breaking: New Crypto Tax Law Unveiled The unprecedented crypto tax regulation in France targets wealthy investors planning to exit the country. Current French crypto tax laws only charge 30% on realized gains. This new measure changes everything for Bitcoin holdings in France. It could also affect crypto holders worldwide. Implementation and Timeline The Direction Générale des Finances Publiques (DGFiP) will start enforcing this new ...

Robert F. Kennedy Jr. Bitcoin-Focused Policies During the Heal-the-Divide PAC event, US Presidential Candidate Robert F. Kennedy Jr. outlined several Bitcoin-focused policies including gradually backing the U.S. dollar with Bitcoin and making Bitcoin profits exempt from capital gains taxes. advertisement “My plan would be to start very, very small, perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver platinum or bitcoin.” Kennedy Jr. plans to gradually increase the allocation depending on the outcome of the initial phase. If elected president, his administration will work on policies to reform the financial system, backing the dollar and U.S. debt obligations with hard assets, and growing business and tech jobs in the US. RFK Jr. on fiat currency & #bitcoin pic.twitter.com/J0GC4had9x Recommended Articles Crypto Presale Proje...