Quantcast

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

Coinshares Rebrands Its Nordic Crypto ETP
Nigeria drops tax charges against ailing Binance exec as spouse calls for end to ‘nightmare’
Tesla (TSLA): shareholders validate Elon Musk's $56 billion compensation plan
Gary Gensler Predicts Ethereum ETF Approval by Summer's End
More Central Banks Are Exploring a CBDC, BIS Survey Finds
Ether Sees Significant Long-Term Holder Accumulation Amidst 2% Price Dip
MoonPay and PayPal’s Partnership Expands to EU and UK
Can Solana bounce back thanks to the CPI and the Fed after a 17% correction?
Singapore money launderer gets 17 months in $2.2bn case involving illicit crypto
The EU is targeting crypto privacy, Monero facing a significant challenge.
Brazil’s Largest Bank Expands Bitcoin and Ether Trading to All Customers
Wife of Binance exec ‘expected a lot more’ from US as husband languishes in Nigerian prison
Tokenization: Fidelity tokenizes the shares of its money market fund on the JPMorgan blockchain
South Korea exceeds all other countries in terms of crypto adoption, what are the consequences?
Crypto: Investors are accumulating Ethereum ahead of the next price surge
Solana-based multisig protocol Squads raises $10 million, launches retail wallet app Fuse
Norwegian government freezes and returns $5.7 million connected to Ronin hack
Breaking: Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal
Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release
HOOD Stocks Will Explode, It's the Deal of the Century According to Experts
Bitcoin - European Central Bank (ECB) Reopens the Floodgates
SEC’s Gary Gensler ditches favourite crypto broadside
Will Dogecoin hit $1 in June? What the forecasts tell us
Author: U.S. citizen detained in Nigeria is being 'denied proper medical treatment for malaria'
France: Lugh announces the end of its stablecoin EURL – Why?
Europe: Bitpanda announces major partnership with Deutsche Bank
What are the 5 cryptocurrencies that performed best in May 2024?
Binance to restrict 'unauthorized' stablecoins in EU starting June 30, urges users to switch to regulated tokens
Ethereum ETF: 3 reasons for future failure for JPMorgan
SpacePay Brings Crypto To Traditional Commerce Using Revolutionary Payment Software – Next Big Altcoin of 2024?
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

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025

Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1.

Jul 18, 2025

Changpeng "CZ" Zhao, founder of Binance, said that the New York Stock Exchange (NYSE) should not be equated with the entire U.S. economy.

Jul 18, 2025

Vitalik Buterin, co-founder of Ethereum, said that building layer-2 networks to leverage Ethereum’s core features delivers security and efficiency unachievable by earlier enterprise blockchains.

Jul 18, 2025

Marina Markezic, co-founder of the European Crypto Initiative, said that increased regulatory attention on Maximal Extractable Value (MEV) necessitates counter-measures to protect users and maintain market integrity while ensuring blockchain...

Jul 16, 2025

Changpeng Zhao, founder of Binance, has said that a Bloomberg article contained multiple factual errors and suggested that legal action for defamation could be considered again.

Jul 16, 2025