Proposed French tax on regulated stablecoins could drive crypto traders offshore
0Importance
closedStatus
1News media
- Published
Key claims & sources
Summary in preparation.
Market reaction i
Total crypto marketall crypto assets combined
no single asset in the event: read against the whole market
The total crypto market fell 0.3% in the 4 hours after the first headline, after falling 0.5% in the 2 hours before.
$2.8T
market cap at the headline
-0.5%
2 h before
-0.3%
4 h after
-1.6%
12 h after
First headline
47 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
CoinDesk
scoop
Oct 14 08:48
Breaks the event
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 27 days ago | ESMA Examines Tokenized Collateral as MAS Advances Digital Settlement event | 1 actors in common · 2 news media |
| 28 days ago | EU Council Targets Most Significant Crypto Providers for ESMA Oversight event | 1 actors in common · 2 news media |
| 28 days ago | EU Regulators Tighten Stablecoin Rules and Advance Digital Euro event | 1 actors in common · 2 news media |
| 28 days ago | ESMA Calls for Noncompliant Stablecoin Wind-Down by Jan. 8 event | 1 actors in common · 2 news media |
| 30 days ago | EU finance ministers strike preliminary deal to centralize markets oversight under ESMA event | 1 actors in common · 2 news media |