France to Change Crypto Industry Taxation

The French authorities are exploring the possibility of revising the current taxation system for crypto business in 2023.

The head of the Ministry of Finance Bruno Le Maire has noted that the government is also thinking about the creation of a crypto hub.

As a result, France expects to join the list of states that want to create the most comfortable conditions for exchanges and cryptocurrency investors.

The minister has said it is necessary to regulate not only transactions with digital assets, but also the work of miners who use the energy infrastructure of the state.

In addition, Paris is interested in the development of blockchain technology, which can be used in a variety of areas. France wants to create a crypto hub throughout the European Union, and the government is ready to cooperate with other countries for this purpose.