The advantages of digital assets, whether cryptocurrencies (currency tokens like bitcoin) or other forms of tokens (utility, security tokens or NFTs) are attracting more and more investors. The craze will increase with the development of virtual reality in the making, metaverses integrating the use of cryptos.

This global market of 15,000 billion dollars of transactions in 2021 is a tax windfall, which the States intend to exploit. If we can hope for an incentive and stable regime, the building is still under construction with short-term changes. States aim to standardize the tax treatment of crypto-assets, but uncertainties remain for investors, particularly in France. In its report on the taxation of virtual currencies4, the OECD proposed the following main actions to States: integration of cryptocurrencies into the existing tax framework, specified by clear instructions for taxpayers; adaptation of the framework by new laws if necessary. In particular, the OECD recommends a “simplified tax treatment for occasional traders”5 in order to avoid the taxation of capital gains on each transaction.