First in Europe. Since the establishment of Bitcoin in 2009, cash use remains unofficial cryptocurrencies. In fact, there are few devices that accept payments in crypto, especially in France. Democratization, however, is going on, and it seems that the city of Toulouse wants to be in the foreground.
- Toulouse has launched a historical innovation in Europe by allowing the payment of public transport through cryptocurrencies.
- This avant -garde gesture could oppose the unlimited complexity of the tax for the French residents using this possibility of payments.
Toulouse allows you to pay transport in the crypt
It’s the first in France and Europe, the city Touge and her public transport network Tiséo announced Establishing Cryptocurrency Payments.
The inhabitants of the pink city will now be able to Set your metro or bus tickets in BTC, ETH, XRP or USDT.
Jean-Luc Wise, the mayor of the city, rushed to share messages about the X-Social Network.
“Toulouse is the first city in Europe to allow payments in cryptocurrencies to buy shipping tickets! From today, Metro Tiséo travelers can adjust their route in Bitcoins, Ethereum or Altcoins. »»
Beware of tax surprise
Although this announcement demonstrates the democratization of the use of cryptos as a means of payment, it cannot be intended for the French public.
Hey yes it is important to remember that Any assignment of assets Krypto includes browsing by tax box. And that applies to EURO SALE AND FOR PURCHASE.
According to current French tax regulations, the transfer of cryptocurrencies to the purchase of goods or services is considered to be a taxable transaction. This means that any added value achieved during this transfer would be subject to tax. And even though the cryptocurrency is not converted into euro, but directly used to buy.
As a result, users who settle their tickets to Metro Bitcoins in Toulouse Declare these transactions on Form 3916-BIS during their tax return.
Gesture, however harmless, who could turn into a tax hell. Imagine that you have to calculate the added value to 1.80 BTC spent for buying your metro ticket.
Toulouse in the crypto traffic regulations may therefore be intended for international audiences. That would potentially not hear the same taxes for transfer.
Recently, we have almost seen the creation of storing unrealized profits in cryptocurrencies. However, the proposal was Downloaded from the Financial Act of 2025 after a joint common committee.