法国加密投资者面临潜在税务冲击：5款值得在不确定性中持有的加密货币

法国2027年预算法案拟对稳定币交易及加密资产征税，细节待明确

一个议会委员会已批准针对稳定币交易和加密资产持仓的措施，该措施包含在2027年预算法案中。然而，税率、豁免范围以及受监管的交易范围仍是亟待解决的重要问题。

若这些提案最终成为法律，可能会增加某些加密货币应用的运营成本。具体而言，稳定币交易税可能影响那些频繁在不同加密货币之间转移资产的投资者，而退出税则可能对部分加密投资者施加额外的合规要求。但目前公开信息尚未确定具体的税率、适用范围、豁免条件及实施细节。

稳定币之所以至关重要，是因为它们使交易者能够存储与传统货币挂钩的资产，并在交易活动之间进行资金转移。随着法国计划对稳定币交易征收额外税费，部分投资者可能会重新审视其交易习惯和组合管理策略。需要强调的是，这些措施尚未纳入正式预算，不应被视为具有法律约束力的现行规定。但如果立法按提议通过且最终规则制定完成，它们可能会对行业产生持久影响。

值得关注的五种区块链应用代币

在监管辩论持续进行的背景下，以下五种在区块链行业具有不同应用前景的加密货币值得投资者关注：

NEAR Protocol (NEAR): A blockchain focused on scalability

The NEAR protocol is a Layer-1 blockchain designed to promote the use of blockchain services and support the development of decentralized applications (dApps). Its technology prioritizes transaction efficiency and scalability, enabling the creation of applications that cover multiple areas such as decentralized finance (DeFi) and digital services.

The information currently provided does not show that France's tax proposal is directly aimed at NEAR. However, changes in cryptocurrency transaction costs may affect the way some investors manage their portfolios and interact with the digital asset market. When assessing NEAR's prospects, ecosystem activity, developer adoption and broader market demand remain key factors.

Hyperliquid (HYPE): Tokens tied to decentralized transactions

Hyperliquid operates in the decentralized transaction field, focusing on perpetual contracts and on-chain financial markets. Its platform allows users to access trading services without relying entirely on traditional centralized exchanges.

Potential taxes on stablecoin transactions may be relevant to traders who use stablecoins to manage funds between cryptocurrency markets. The actual impact will depend on the rules that France ultimately formulates and the scope of transactions they cover. Hyperliquid's trading activity, liquidity and competition among decentralized exchanges are independent factors that may affect HYPE's demand.

Chainlink (LINK): Infrastructure for blockchain applications

Chainlink provides oracle services that connect smart contracts with external data. These services support a variety of applications that require access to information outside of the blockchain, including decentralized financial protocols and tokenized financial products.

The French proposal does not specifically specify Chainlink or its tokens. Still, regulatory developments affecting crypto investors may affect broader market sentiment and demand for digital assets. When evaluating LINK, its adoption, level of integration and role in blockchain infrastructure remain key considerations.

Ondo (ONDO): Access to tokenized financial assets

Ondo operates in the real-world asset (RWA) field and focuses on introducing traditional financial products into blockchain networks. Its products include tokenized products linked to traditional financial assets, placing the project in a market that connects digital infrastructure with traditional finance.

Depending on the final legislation and its definitions, the exit tax proposed by France may become relevant for some investors holding crypto-related assets. However, the existing information does not clarify how ONDO or specific tokenized products will be handled. Investors need to review the final rule carefully before drawing conclusions about potential exposure.

Sui (SUI): Decentralized Application Network

Sui is a Layer-1 blockchain that supports digital assets, smart contracts, and decentralized applications. It involves a series of blockchain-based projects, covering areas such as games and decentralized finance.

Although the tax proposal announced by France does not directly affect Sui, potential changes in cryptocurrency transaction costs could affect investor behavior. Although these factors are not the only considerations when analyzing SUI, they are all important. It is worth noting that the proposed law does not guarantee the value of tokens.

Future direction of French crypto tax proposals

The next stage of the 2027 budget process will determine whether the proposed stablecoin tax and exit tax will be advanced into law. The final wording is critical to determining which investors and transactions may be affected.

For now, NEAR, HYPE, LINK, ONDO and SUI represent different segments of the cryptocurrency market rather than direct responses to the French proposal. When assessing the personal risks associated with each asset, investors should distinguish between identified legislation and pending measures.