Quantcast

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

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not
7 Central Banks, including the Banque de France, are starting to explore tokenization to secure monetary exchanges
A European FinTech Hub Prepares to Get Tough on Crypto Companies
Crypto: Market Poised For Positive Second Quarter, Coinbase Says
Bank of England, FCA target autumn 2024 as earliest starting date for first UK Digital Securities Sandbox cohort
Binance breaks silence on Nigerian crisis by insisting detained exec has ‘no decision-making power’
Binance announces the listing of the Wormhole (W) token
D-7 before Paris Blockchain Week – What to expect?
Cryptocurrencies In Paris: Poubelle Coin And $ratp Invade The 2024 Olympics
Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe
Global crypto funds rebound with nearly $900 million in net inflows last week
Stablecoin delistings in Europe spell change for crypto exchanges, issuers
Demystifying EU crypto legislation, insights from former Icelandic Central Bank chairman
Binance slammed with $35m money-laundering charge in Nigeria
Binance Introduces Ethena (ENA) as 50th Launchpool Project
FTX founder Sam Bankman-Fried sentenced to 25 years in prison
EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA
Global crypto funds saw record net outflows of nearly $1 billion last week
Binance Labs invests in StakeStone as it continues to bet big on restaking sector
Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets – News Bytes Bitcoin News
EU Clamps Down on Crypto Anonymity to Fight Money Laundering 
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
Europe's Crypto Embrace Slowed, Watchdog Faces Resource Crunch
Greens’ push to end German cryptocurrency tax exemption sparks debate
French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator
N26 Launches New Cryptocurrency Trading Product, N26 Crypto
French Energy Giant EDF Subsidiary Becomes Validator on Chiliz Chain – Blockchain Adoption Rising?
Rise in crypto fund launches predicted as digital gains “acceptance”
EU threatens US hegemony of stablecoins and $140 billion market
Giggle Academy: Changpeng Zhao (CZ) presents his new entrepreneurial project
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

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

Here’s how Bitcoin, Ethereum, Binance Coin, and other key cryptocurrencies performed on March 2, 2025.

Mar 3, 2025

Jarek Jakubcek, head of law enforcement training at Binance, emphasized the importance of collaboration between law enforcement and industry to secure the digital landscape.

Feb 28, 2025

Georg Brameshuber, a crypto advisor, has emphasized the need for Germany to establish a crypto tax framework that encourages "innovation" and the growth of the "ecosystem," as well as the "legal classification of stablecoins as crypto assets."

Feb 28, 2025

The Federal Financial Supervisory Authority (BaFin) has issued a warning against the website gewinnerss.com, citing its provision of financial, investment, and crypto-security services without proper authorization.

Feb 28, 2025