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Gitumani Talukdar
Feb 17, 2022

French Presidential Candidate Advocates Tax Reforms on Crypto, NFTs

French Presidential Candidate Crypto
Crypto and blockchain are popular names at the global level and the French are not far behind in this race. Lately, NFTs and crypto seem to be growing as a crucial factor of the French political narrative. This piece of information had been evidenced by a political immigrant - Éric Zemmour. Eric is an expert advisor who is also the executive in the 2022 presidential election. Not long ago, the rightist French President candidate shared a tweet highlighting his manifestoes on crypto. He tweeted the proposal only after he had been the guest of stop in the office of hardware wallet maker Ledger

Eric Zemmour's Statements on Crypto & NFTs

Zemmour had also been one of the candidates who advocated that the crypto asset holders must enjoy a reduced tax pronunciation. This can be achieved by replacing the holders' gains with the real economy.  Zemmour continued speaking and he next targeted the NFTs. He addressed non-fungible tokens (NFTs) and demanded the invention of an economic control ad hoc for NFTs. This proposal can be executed only if NFTs are cut off from the control of capital gains on digital assets.

The presidential candidate also urged for the promotion of the euro stablecoins development by the European private sector without waiting for the digital euro project led by the European Central Bank (ECB), so as not to leave the monopoly of stablecoins to non-European entities.

Eric Zemmour holds the 4th rank as the 'most popular candidate' in the forthcoming April vote. An average of 14% of the poll voters revealed their support for the candidate. All in all, Zemmour's outlook on crypto is expected to force other candidates to amend their political stance towards the crypto-congenial system.

French Presidential Candidate Advocates Tax Reforms on Crypto, NFTs
Gitumani is a blockchain enthusiast as she keeps a tab on the recent happenings pertaining to the crypto industry. She aims to provide quality content in blockchain and crypto domain. She is a financial content writer too and has worked on several financial projects related to the stock market news, fundamental research, and technical analysis for several websites.

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