France Keeps its High Taxation Plan for Crypto Owners

France Keeps its High Taxation Plan for Crypto Owners

France’s Parliament is rejecting several amendments to the 2019 financial bill that were attempting to relax and improve the future fiscal framework for cryptocurrencies, according to a report published by Business Capital.

The magazine published that the crypto sector is screaming following the rejection.

Alexandre Stachtchenko, president of the Blockchain association La Chaintech, published a note saying that the four “amendments were all critical for an attractive, simple and consistent regime.”

Stachtchenko is complaining against the government, “In short, the message received by the community in France and abroad is terrible. simplicity: ‘Take all the risks, we will not support you, and the money you will earn to take risks will go into the coffers of the state.’ It is dramatic.”

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