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French lawmakers approve wealth tax on cryptocurrencies

By: odaily.com|2025/11/03 09:00:10

According to a report by Cointelegraph, French lawmakers have approved a measure to levy a "non-productive wealth" tax on large-scale cryptocurrency holdings. Cryptocurrency holders could face an annual tax of 1% if their idle assets exceed €2 million.

PeckShield: The Balancer attack is still ongoing, with estimated losses across multiple blockchains reaching $88 million.

The well-known DeFi protocol Balancer has been hacked, with the funds lost exceeding $116.6 million.