Quantcast

CEO of Metallicus on French Bitcoin tax: 'French tech talent, time to expatriate'

PayPal's stablecoin continues its rise with a market cap of more than $290 million
Binance to list crypto Manta Network (MANTA)
Attention explosion, this new listing from Binance promises
Crypto Start-ups in Europe: Opportunities and Challenge
Binance BNB: Between optimism and caution for 2024
The Last Man Standing in Crypto
Weekly Preview: Coinbase v. SEC, big token unlocks, and more
Binance Labs leads SkyArk Chronicles funding round
Crypto: Is the market at half mast again?
The impact of government regulation on cryptocurrencies
Bitcoin on X? Elon Musk opens the door to this possibility
Celebrating 25 years of the euro: a retrospective and future outlook
Bitcoin Documentary Wins Award at Cannes
The AMF and the ACPR warn the public against the activities of several players who offer investments in Forex and derivative products on crypto-assets in France without being authorized to do so
BitPay customers can now purchase goods and pay bills in BNB, LINK and UNI
A Hack of the S.E.C.’s Social Media Account Caused a Bitcoin Frenzy, Briefly
Cryptocurrencies and NFTs in France: CryptOx'R 2024 brings together Web3
Bitcoin swings sharply after false claim that SEC approved ETFs
New proof of reserves for Binance: the exchange finally cleared?
Ternoa gets into DeFi: smart contracts arrive on the betanet
Bitcoin: More than 6,000 merchants accept BTC in their store
Coinbase plans acquisition to expand derivatives offering in EU
Coin Center executive director: New IRS crypto reporting rule 'is not only unconstitutional but also virtually impossible to comply with'
Healthcare blockchain project Galeon wins three awards and soars at CES Las Vegas 2024
Binance US Branch Hires New Compliance Officer
Visa unveils Web3 customer loyalty solution
Digital Euro: the European Central Bank is active around its MNBC
BTC: Cboe exchange approves listing of Fidelity Investments Bitcoin Spot ETF
European Central Bank lays out €1.2bn plan for development of digital euro
Crypto Council for Innovation survey finds crypto offers alternative to underbanked communities
CEO of Metallicus on French Bitcoin tax: 'French tech talent, time to expatriate'
Web3/Crypto
Webp  35
Marshall Hayner, CEO of Metallicus | X

Marshall Hayner, CEO of Metallicus, has suggested that French tech professionals consider relocating to the United States, where he believes their freedom and liberty will be more valued. This statement was made on the social media platform X on January 26.

“French tech talent, time to expatriate. We will gladly welcome you in the US where we value your freedom and liberty,” Hayner said. 

The post by Hayner discusses the French Senate's recently approved 2025 budget, which introduces an "unproductive wealth" tax targeting digital assets, including Bitcoin. If enacted, this measure would impose an annual tax on unrealized gains from cryptocurrencies. This means holders would be taxed on the increased value of their assets even if they had not sold them.


Hayner's X post | X

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

According to Divly, cryptocurrency gains in France are currently taxed at a flat rate of 30%, but only when assets are sold or converted into fiat currency. This excludes trades between cryptocurrencies and unsold assets. However, crypto investors must comply with strict reporting requirements, including forms 2042 C for income, 2086 for capital gains, and 3916-bis for declaring foreign-held accounts, even if those accounts are inactive or contain assets not converted to fiat. Failure to meet these obligations can result in penalties.

Hayner is a blockchain entrepreneur with expertise in financial services, corporate development, and product design. He leads Metallicus in building a blockchain-powered digital banking network and has over a decade of experience driving innovation in the cryptocurrency and blockchain industries.

More News

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Xyron Beam AI, which is offering financial, investment, and crypto asset services without the necessary authorization.

Mar 6, 2025

Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 4, 2025.

Mar 5, 2025

Binance has announced the removal of non-MiCA compliant stablecoin trading pairs for the European Economic Area (EEA), including USDT, DAI, and FDUSD.

Mar 5, 2025

The European Securities and Markets Authority (ESMA) is soliciting responses on draft guidelines for rules regarding cryptocurrency.

Mar 5, 2025

Therese Chambers, joint executive director of enforcement at the Financial Conduct Authority (FCA), said that the sentencing of Olumide Osunkoya marks the UK's first criminal conviction for unregistered crypto activity.

Mar 5, 2025

Tracking today’s crypto price changes across Binance Coin, Bitcoin, Ethereum, and other key cryptocurrencies on March 3, 2025.

Mar 4, 2025