Cryptocurrency traders in France will be relieved of heavy tax as the government is taken steps that will induce a lower tax rate. The French Council of State announced on Thursday that profits arising from cryptocurrency sales should be considered as capital gains of movable property. a decision that will see the current tax rate drop significantly.
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https://news.bitzamp.com/france-to-introduce-lower-tax-rates-for-cryptocurrency-traders/This will closed the issue last year that like China and South Korea that France too will not going to support Bitcoin and the Crypto currencies by planning to declare it illegal but instead it supported it by lowering the tax if the France citizens will adapt Crypto currencies. This is a good news as Germany already declared that there is no tax if the people will use Crypto currencies in spending in which this progress will help the current market performance to rise up even more.