Cryoptocurrency is now movable property in France.

[biletskiy]

This something to ponder.
France consider a cryptocurrency is a movable property.
It is consider as a property instead of currency.
https://cointelegraph.com/news/france-crypto-is-now-moveable-property-tax-down-from-45-to-19-percent

France authorities decision means that they doesn’t know what crypto really is. Furthermore if crypto will be approved as a currency it would become a great competitor of traditional currencies.

[Getcoinsite]

This something to ponder.
France consider a cryptocurrency is a movable property.
It is consider as a property instead of currency.
https://cointelegraph.com/news/france-crypto-is-now-moveable-property-tax-down-from-45-to-19-percent

Though I respect the france government about this consideration but yet im not agreed on this,cryptocurrency is a virtual money and same as technology this is not a property that can be transferred as if nothing important.

I wish sooner france will reconsider this and place respect to our crypto community and to our currency here

[crenfrosck]

Huh, this is a major twist in a perception of crypto by France. As I remember, they wanted to "destroy" cryptocurrencies a few months ago. On the other hand, considering it as a movable property... well, do our French friends need to care as their taxes will be dramatically lower?  At least they did something with 45%, that was a crazy number. In my opinion, most of the investors will find a way how they will not pay anything, so good luck France, you will need it. xD (just kidding, I am not supporting France in a taxation)

[Ann Impas]

Indeed that France is in the forefront on diving into massive adoption of cryptocurrency. For sure once France able to pull and have success on this in a long run, others countries will definitely learn from this. Good luck France. 

[Beehives]

France authorities decision means that they doesn’t know what crypto really is. Furthermore if crypto will be approved as a currency it would become a great competitor of traditional currencies.

For now, it would be the best. At least they recognize it as a properly which can hold a better and bigger value. Unlike the currency, it will stagnate the value to almost a flat graph.

[ROMANALADIN]

However, changes are applied only for funds received from investment activities. The profit tax from mining, as before, can reach 45%.

[Beehives]

However, changes are applied only for funds received from investment activities. The profit tax from mining, as before, can reach 45%.

The same thing. In order for you to get a profit from mining, you have to trade it. Then tax will take place.  There no exception on that.
What is good in here, France reduced the tax to 19% and recognizing the cryopto.

[zcooipo]

Yes, I think these European countries generally need cryptocurrencies. Their country is too small. The euro zone economy is now facing a test. So choosing a cryptocurrency is normal.

[vova.andreyan.94]

And besides the fact that the French classified the crypto-currencies as movable property, did they somehow legitimize the crypt?

[Beehives]

And besides the fact that the French classified the crypto-currencies as movable property, did they somehow legitimize the crypt?

Seems they are. They already put a tax on it so it is legit. The government cannot impose a tax on illegal things.
France recognition on crypto is already a huge leap for a cryptocurrency world.