France has introduced several new laws and regulations in the cryptocurrency sector that will take effect in 2025. These changes aim to streamline the crypto industry, ensure consumer protection, and prevent financial crimes.
Crypto Regulations in 2025
In France, a new law on the regulation of crypto assets, known as MiCA, comes into effect in 2025. Its main focus is on ensuring financial stability and consumer protection. The regulatory body, Autorité des Marchés Financiers (AMF), will conduct compliance checks and oversee the activities of crypto exchanges and custodians.
What Does the French Government Say About Crypto?
The French government supports initiatives for the development of the crypto industry, including plans for a $27 million crypto fund investment through Bpifrance. Interior Minister Bruno Retailleau is meeting with crypto representatives to discuss security and risk issues. Goals include increasing transparency and consumer protection.
Crypto Tax in France 2025
Cryptocurrencies in France are treated as capital assets, which implies taxation. The capital gains tax is set at 30% for occasional investors and up to 45% for professional traders. In some cases, such as the exchange or gifting of cryptocurrencies, taxes do not apply. It is expected that tax declarations for 2025 will be due by April 10.
The regulations and tax changes being introduced in France aim to create a safe and clear environment for cryptocurrency operations, which may contribute to the further development of the sector.
