France is considering a new tax proposal to impose a 31.4% capital gains tax on cryptocurrency swaps into stablecoins regulated under the MiCA framework, starting January 1, 2027. This proposal is not yet law but has raised concerns that such a high tax rate could drive crypto traders to move their activities offshore to avoid the tax. The outcome will depend on legislative approval and could significantly impact the French crypto market and trader behavior.
The crypto tax proposal in France is noted alongside Pluang's market snapshot as of Oct 31, 2026 07:21 WIB. Among 50 major cryptocurrencies priced on Pluang, 35 rose and 14 fell today. Notable movers include DOT (Polkadot) at Rp17.683 with a 6.91% increase and a typical hold time of 122 days, SAND (The Sandbox) at Rp849 up 5.16%, and XLM (Stellar) at Rp3.104 rising 4.90%.
Mohawk Industries announced a new $500 million stock buyback program alongside strategic guidelines focusing on strengthening market position, driving innovation, improving profitability, and disciplined capital allocation. The company plans to inves...
3E Network Technology Group Limited received a notice from Nasdaq that its Class A shares will be delisted due to the share price falling below $1.00 for 30 consecutive business days. The company is not eligible for a compliance period because of a r...
The 2026 US midterm elections on November 3 will determine the future of crypto regulation after the CLARITY Act narrowly failed in the Senate. Democrats are favored to win the House and possibly the Senate, which could lead to renewed efforts for cr...
Zcash (ZEC) saw a 4.22% price increase over four hours, reaching $1,277 on Binance's spot market as of Oct. 30. Over 24 hours, the price rose 6.78%, reflecting growing investor interest. During the same period, $170,000 worth of ZEC short positions w...
Robbins LLP has announced a class action lawsuit against O-I Glass, Inc. for allegedly misleading investors about its 2026 financial outlook, including inflated expectations for adjusted EBITDA and free cash flow. The lawsuit claims O-I Glass conceal...
