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The 🇫🇷 French Senate has approved the 2025 budget, which includes an “unproductive wealth” tax targeting assets like Bitcoin.

The tax would apply annually to unrealized gains on cryptocurrencies.

The proposal now awaits a vote in the National Assembly.
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The Moat 11mo ago

Combined (tax on unrealised gains) with AML rules that would prohibit transferring any meaningful amount from an exchange to a bank in order to pay the tax is inhumane and if implemented will destroy lives. #BTC #Bitcoin #Freedom

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