The French Senate is debating replacing the real estate wealth tax with an "unproductive wealth tax" targeting dormant assets (unused real estate, luxury goods, crypto) 🇫🇷
If the proposed amendment becomes law, it will create an unrealized gains tax that will be a large financial burden for crypto holders 🤬
TLDR: The French Senate may create a tax that will force BTC holders to pay taxes annually even if they don't sell 🤨
Socialist madness that will simply force people to never declare their holdings or move out of France
📰 Russian President Vladimir Putin says Bitcoin and digital assets will continue to develop.
Recently he signed a law that declared Bitcoin and other cryptocurrencies as a legal property in Russia 📝
