Impôts crypto : ce qui change en 2026

[0:00] Already cryptoactive and digital asset, in fact, we can we can say to ourselves today that it is the same thing. The term active

[0:06] Digital is what we use in the General Tax Code, but it is the equivalent of cryptoactive. This

[0:12] asset class, it includes both cryptocurrencies. So that's the case with Bitcoin, ether and others

[0:17] cryptocurrencies. And it also groups together tokens, so we call them tokens. Which is very interesting,

[0:22] It is that there is a limited number of Bitcoins that can be created unlike fiat money

[0:29] as we know it. And so for many, it's also a way to fight inflation because of all

[0:35] In other words, we have a maximum of 21 million Bitcoins that can exist. You may simply want to diversify your

[0:42] wealth and therefore use cryptocurrency as a tool for diversification and of course

[0:48] performance as well. It is very very important to fully understand the tax rules that apply

[0:54] to the cryptoasset as soon as they are held, that is to say at the time of acquisition.

[0:59] And when I take them out, that is to say when I convert them into euros, how should I calculate my capital gain and

[1:06] How is this capital gain going to be taxed? When we talk about performance, we are mainly talking about net return. Net

[1:11] of taxes. The moment when we really pay tax is when we will recover in euros the cryptos that you

[1:18] hold. Once you have calculated the capital gain, it is taxed at 30%. So it's always flat

[1:24] tax. Uh, that's it with 17.2% social security contributions and 12.8% taxes

[1:29] on income. Hello Stephanie. Hello Xavier. So thank you for accepting our

[1:34] invitation. Uh I think for a start, could you

[1:40] present, recall a little bit the main stages of your career and what you are doing today and the subject

[1:46] What did you come to tell us about? So my name is Stéphanie Neymarq-Attias. I have been a tax lawyer for a while

[1:53] over 15 years now. I worked for a long time in a business firm

[1:59] Parisian called CMS Francis Lefèvre. And then today, I set up my firm called Qomit

[2:06] which is a law firm that is dedicated to providing tax support to entrepreneurs and investors,

[2:13] especially on crypto topics. Uh and today in fact, I just came to talk to you about

[2:19] cryptoassets, the taxation of cryptoassets, um, to give some general guidelines.

[2:26] um to understand this asset and today the fiscal regulation who

[2:32] applies to this new asset class. Alright. Maybe one last

[2:38] question about your background. What motivated you? What made you want to go to this

[2:46] area in particular? So I have always been very attracted to innovation in general and

[2:52] by changing tax rules related to innovation. And it is true that

[2:57] since 2019, we have had a whole legislative framework that is being built and that is linked precisely to

[3:04] these new investors and also these new activities that are linked to blockchain technology. Well, we have some

[3:10] Maybe we'll talk again later, um, but that's what motivated me to take an interest in this

[3:18] subject. OK Uh maybe maybe all of our uh readers and

[3:25] All of our all the people who are watching this interview are not necessarily hyper um aware of the

[3:33] Well let's just say what a cryptocurrency is, um, what is a cryptocurrency and what is a Bitcoin. So do we

[3:38] Maybe before going into more detail can we try to give a

[3:43] Understandable definition of everything dare I say? Yes. So, we're going to try to give a

[3:49] small definition. So, already cryptoactive and digital asset, in fact, we can say to ourselves today that

[3:55] it's the same thing. The term digital asset is what is used in the General Tax Code, but it is

[4:01] the equivalent of cryptoactive. Alright. This asset class, um, it includes both cryptocurrencies,

[4:08] So that's the case with Bitcoin, ether and other cryptocurrencies. And it also includes chips, um, so we

[4:14] Call them tokens. we are not going to talk about them today, but which are more related to the use that is made of these

[4:21] these tokens registered on the blockchain. As I told you, we're not going to talk about it today because today we

[4:27] is more interested in investing. In terms of investment, cryptocurrencies, well, the best known are

[4:32] Bitcoin. Uh, that's very interesting about this cryptocurrency, so it's existed since, um, um, no more than

[4:39] 10 years old actually, which is very interesting that um there is a number

[4:44] limited number of Bitcoins that can be created, um unlike fiat currency

[4:52] as we know it. And so for many, it's also a way to fight inflation because of all

[4:58] In other words, we have a maximum of 21 million Bitcoins that can exist. Alright. So it is a first advantage of

[5:05] this cryptocurrency. There are others. for example in your assets, you may simply want to diversify your

[5:11] wealth and therefore use cryptocurrency as a tool for diversification and of course

[5:17] Yield also, because as we have seen, there is a certain volatility, um, of these cryptocurrencies, sometimes downwards.

[5:24] but generally over a long period of time rather increasing. And so it's in

[5:30] a return objective that we can choose to diversify into this asset class. OK. Well exactly in what

[5:37] the universe of cryptoassets and perhaps that of Bitcoin, more specifically, in what it represents

[5:43] an opportunity for retail investors? So, as I said, um it's an opportunity

[5:50] today because um everyone is looking for a certain

[5:55] diversification, um, by agreeing to devote a part of your assets.

[6:01] So, obviously, there are some people um who have a strong appetite for

[6:07] risks that are able to devote a significant part of their wealth to cryptocurrencies. But in a way

[6:13] In general, we can see today that there is still 10% of the population in France who own

[6:19] cryptocurrencies. Yes, absolutely. That's a lot huh. Indeed, there was a study that came out, at last that comes out elsewhere

[6:25] every year. Uh, the last one was done by KPMG in partnership with ADAN, so who

[6:32] is the association for the development of digital assets and which is trying to precisely monitor the adoption of this

[6:38] asset class by the population and we realize that there is already 10% of the population who owns um at least one

[6:46] Cryptoasset account. As an aside, a lot of you are watching us.

[6:51] We are very happy about it, but not enough of you are subscribing to our channel. So please subscribe to our YouTube channel for

[6:58] more videos and also go to the physical world, go to the newsstands to discover our latest issue,

[7:05] Storm warning on your money. He is in all the kiosks, he will leave very quickly. Go and read it. Thank you so much

[7:11] and good luck. So we can see it clearly, diversification

[7:16] Is is a is an important issue and I told you also, there is the subject of inflation um that plays a role. There is

[7:24] other topics also, is that um, cryptocurrencies in fact, can be exchanged at any time, day or night.

[7:30] is harmful, internationally as well, unlike the trust model where

[7:36] we are a little bit framed precisely by the banking system. And since shares uh aren't traded all the time,

[7:42] So um absolutely. OK Uh OK. So um I imagine that

[7:48] Of course, taxation is an issue. Uh well, as soon as we make investments, taxation is an issue. And um but now in this case in

[7:56] What is a central issue, um, to secure this type of investment? So it is very very important to well

[8:04] understand the tax rules that apply to cryptoassets. But from theirs

[8:10] detention, that is to say at the time of acquisition, you need to know what will happen? Am I or

[8:15] not subject to reporting obligations? So when I have possession of it, do I have some

[8:22] Something to do with the tax authorities or absolutely not. And then then at

[8:27] When I exchange my cryptoassets for other cryptoassets, do I have to do anything? And when

[8:34] I bring them out, that is to say when I convert them into euros, how should I

[8:40] calculate my capital gain and how will this gain be taxed? So we can see, there is still at each stage

[8:46] Questions to ask yourself and today taxation is central, simply because when we talk about performance, we are talking about efficiency

[8:53] net of taxes. And so it is very important to know how will be taxed

[8:59] this performance. OK So maybe come back to one of the aspects uh one of the aspects that you just mentioned. Uh is it

[9:05] Does the simple possession of a cryptoasset mean tax obligations? Yes. And what are they? So

[9:12] yes, buying and holding cryptoassets primarily results in a tax liability

[9:19] Who is the one to declare your digital asset accounts when they are

[9:24] held on platforms abroad. That is to say, in the same way as when you have an account

[9:31] Banking abroad, you have this form called 3916 bis

[9:38] which details the name of each of your accounts opened abroad. So and I

[9:45] specify that it does not detail the amount of cryptoassets you hold but rather the name of the platform.

[9:53] Exactly. Existence. And this reporting requirement is very important because if you don't

[9:59] correctly, you risk penalties. I was going to ask you are these significant penalties or So are they penalties um around

[10:06] 1500€. OK. Uh but what's important is that it applies per account no

[10:11] declared and per year. So this means that if you have opened a certain number of accounts called wallets,

[10:19] Uh, crypto wallet, um, well, you're going to have to declare every time.

[10:24] each account otherwise you risk penalties. Alright. OK Well that's good to know. Uh so what if the value of

[10:32] My cryptos are increasing uh do I have to pay tax? So, that's what I was telling you earlier, it's

[10:38] That once we have passed this acquisition phase, well we have fluctuations uh in the value of your uh

[10:45] of these cryptocurrencies. And the interesting thing is that when you are an individual, that is to say you are not

[10:50] not a trading professional, well the only fact of holding cryptoassets

[10:56] Which will rise, fall et cetera does not create any obligations

[11:01] declarative. So you keep your cryptocurrencies, nothing happens in particular except this obligation to

[11:07] account statement. Oh yeah, okay. So finally, it's quite um simple, it's quite light as long as

[11:13] It's pure detention and you don't do much with it. Alright. Uh so all the inv

[11:21] Excuse me, are all crypto investors taxed the same way? So no, all investors

[11:27] crypto is not taxed the same way. Uh I said earlier, there is a real distinction to be made

[11:33] between non-professionals and professionals. OK The tax regime that applies in

[11:38] each of these situations is completely different. Uh, being specified that to identify what

[11:45] Who is a professional, you will have to analyze a lot of criteria um some criteria that are rather

[11:51] quantitative. For example, the number of trades you make, the amounts that are uh invested, what

[11:59] is the proportion between your traditional remuneration and the earnings that

[12:04] you are withdrawing cryptos. So these are quantitative criteria. There are also qualitative criteria that are linked to your profile. um for example your

[12:12] training et cetera. And once we have determined whether you are a professional or a non-professional, well then the

[12:18] tax regimes that apply are not the same. I told you, I think that today we are talking more specifically to no

[12:24] professionals and therefore we will stay precisely on this regime

[12:29] Uh, which is actually very interesting in France because when you do

[12:35] exchanges between crypto and crypto, i.e. you exchange for example a Bitcoin for ethers and well there

[12:43] It does not result in a tax return. Uh yeah, that's what I call crypto crypto exchange.

[12:50] In fact, there is a certain neutrality when you stay in the crypto universe at this level.

[12:55] Alright. So, maybe to explain again, so that things are clear. So at what point do we

[13:02] Is he finally paying taxes? So, when do we actually pay

[13:07] When are we going to recover in euros uh some cryptos that you

[13:15] hold. So for example, one day I want to buy a car

[13:20] Well now I'm going to get back some euros to make this acquisition and in

[13:26] In this case, I will have to calculate the capital gain, declare it on a specific form and

[13:33] then pay tax on this capital gain. OK? So, I'll say anyway, it's important, that if um the seller

[13:40] of this car says “Well listen, I agree to be paid in Bitcoin, no need to pay me in euros”.

[13:46] Yeah, we're allowed to do that in France. We have the right, it exists. Uh and by the way recently, there was the

[13:51] first real estate acquisition transaction in cryptoactive. It is it is

[13:57] very recent. Yes, it's interesting. Well actually, it's an event uh that also generates

[14:03] an increase in value and therefore tax. So you don't evade taxes, um, by buying goods directly from

[14:09] cryptoactive. Alright. So how are these earnings, um, taxed? So, these gains, so once you

[14:15] You did the calculation of surplus value, which I specify is more complex than a classical calculation of surplus value. OK?

[14:22] So it's not a calculation where you simply tell the difference between the selling price and the price

[14:27] of acquisition. It is a more complex calculation. I don't think we'll go into the details today

[14:32] That's it, but it often requires support to do it precisely. Well once we have

[14:38] Calculated this capital gain, it is taxed at 30%. So it's still flat tax.

[14:43] So there you go, still this famous flat tax with 17.2% social security contributions and 12.8% income taxes. Uh and

[14:51] So who will, who will apply and can I say, um, in some cases, for wealthy households that have a tax income.

[14:58] As an important reference, we can have additional contributions. So, we had the exceptional contribution

[15:05] on the income that is more so exceptional than that. Then we have a new contribution uh more recently, but um but anyway,

[15:13] What you should remember is still the 30% flat tax on gains um from cryptoassets.

[15:19] Alright. Uh so, a question maybe a bit naive or um in any case uh maybe a bit silly. Uh

[15:26] someone who would spend their time buying, selling Bitcoin several times a day. Was it at the time of

[15:34] Isn't having to declare all of this getting super complicated? Totally. OK. Totally. Me it happens to me

[15:40] very often to have customers who come to consult me and who have made hundreds of transactions in

[15:46] the year. So maybe because they didn't necessarily know that it would lead to obligations every time.

[15:51] declarative, either because well, they wanted to take advantage of

[15:57] take advantage of certain opportunities or to get out of certain positions. And here indeed, there is a job that is

[16:02] important enough to declare capital gains, do it properly. Uh that's actually why it's very

[16:09] It is important to keep records of each operation. Yes. And so let's imagine that here it is, I

[16:15] Personally I imagine that I would do 100 transactions in a year.

[16:21] When do I declare them? How do I organize myself? Uh

[16:27] Here are your tips so as not to get lost and not to do anything stupid in the end. So what

[16:34] is quite practical, it is that the declaration is made at the same time as the declaration of your others

[16:39] earnings. So in April, May, every year, you file your declaration and that's when the capital gains are calculated. So the moment,

[16:47] That's the one. Uh the difference, I would say, is that we're not going to be helped

[16:52] by banks, for example, who send us IFUs where we only have to postpone an amount. There is there really is a

[16:58] do-it-yourself work. In any case, today that is the case. And as I was telling you, this calculation is enough

[17:03] complex. So what is very important is a recover all the

[17:09] supporting documents at the time of each operation. It is always much more difficult to find supporting documents

[17:15] transactions from the past year rather than accumulating them over time and taking contact with a lawyer

[17:22] tax specialist if we need it, if the volume of transactions requires it um

[17:27] To um here help with this calculation

[17:32] Strictly speaking, it is true that there is a very significant increase in fiscal controls on these subjects.

[17:39] Alright. So um maybe it's something um finally someone who would like to invest uh so our readers

[17:45] want to invest in Bitcoin, um, you have to, um, keep in mind that if, um, they make a lot

[17:51] transactions, they may still be forced to call on you or

[17:57] one of your colleagues and that this is perhaps something to take into account in their investment strategy. So, I would say that

[18:02] It really depends on the profiles, huh. There are some of the individuals who

[18:08] keep extremely accurate reporting of their operations and who like to dive into the calculations. It is

[18:16] doable. Now, it's true that you have to devote a little bit of time to it. The formula is not necessarily

[18:22] Very um clear, I would say, but there is no obligation to use a

[18:28] tax lawyer. It's really a help to secure yourself and sometimes also to optimize certain things because

[18:35] that there are some levers to know. Well, what do we know when we

[18:40] is in the business and that we do that on a daily basis. There you go. So I would say you anyway

[18:47] Do you have the option of using a professional if you do a lot of operations and if you need

[18:52] help to keep you safe. Yes, I think if I were in that situation, I know what I would do

[18:59] if I did several hundred transactions every year. If we come back a little bit more to the to life

[19:04] daily, if I pay if I buy a property with a card of

[19:11] payment in crypto, so from a fiscal point of view, what is going on? So it actually happens

[19:17] Today, there are payment cards backed by cryptoactive accounts. So that means that

[19:23] In concrete terms, we use these cryptos to acquire a property. And that's what I told you earlier um when we

[19:28] buys a good and this is also the case for a service. So for example, um, you're going to, um, do a

[19:35] massage and you want to pay in cryptoassets, well that's the equivalent of a conversion into euros

[19:42] and an acquisition. So in fact, you do not escape tax when you acquire a property or a

[19:48] service, whether via a payment card or otherwise. You have to be well

[19:54] awareness that this involves declarative obligations. Alright. But that no, sorry, I

[19:59] No, no, I was going to tell you with one exception, which is very important, which is that if all of

[20:07] your annual transfers do not exceed €305 well in this case, there is no

[20:13] taxable capital gain. OK Uh so, but if I if I combine

[20:19] A bit like the previous question with this one, um if I spend my day buying everything in crypto, I don't know if

[20:25] It is possible in fact, but let's admit, take this hypothesis, um now it's the same, it becomes very very

[20:32] complicated from a fiscal point of view, isn't it? It is true. So, complicated, I would say uh

[20:40] It's the statement that's complicated um in fact. It's just very easy to take out your card

[20:46] of payment and to pay with a crypto underlying. There is no complexity but on the other hand it requires

[20:53] regular follow-up. So, we can get back some sort of statements uh

[20:58] some platforms that precisely offer these payment cards and that make it possible to greatly simplify

[21:04] Uh the information retrieval. OK Well, I think I got it all right. It is already clearer

[21:11] for me. I hope it's clearer for everyone. Uh the next question,

[21:18] so how do we do it? What are the the ways to optimize all this a little bit? What is what is

[21:23] Can you recommend? So, there are a few ways that exist. Well, afterwards, it is each time on a case-by-case basis that we analyze

[21:30] things, but what I can tell you in any case today is that the means that exist and that are

[21:35] interesting levers, they are simply in the law. So, the first lever is

[21:42] that today, you have the option of opting for the progressive income tax schedule instead of the

[21:48] flat tax. So that's an interesting lever because depending on all of your income within the

[21:54] Home, it can help you lower your capital gains tax. So instead of being at 30, we can be at minus. So

[22:00] That's an interesting first lever. Then, there is a second lever that is interesting, it is the use of

[22:07] loss of value. So if you have several cryptoassets, so ethers,

[22:13] Bitcoin and then at some point, you say to yourself well I want to get out of certain positions, some are going to be

[22:20] um in added value, others in depreciation. Well already, you can deduct capital losses

[22:27] Of capital gains in the same year. it can be a can be identified on a case-by-case basis

[22:33] Case and then in fact there is a thought to have at the end of the year before the 31st on whether I have no interest in

[22:40] get out of certain positions? So that's it, it's an analysis that needs to be carried out um and can I say how

[22:48] General um that finally there is a lot of information related to your household

[22:54] fiscal measures that will have to be taken into account in order to possibly optimize

[23:00] Secure huh, I mean your your tax on this type of gain.

[23:05] Alright. So you talked about it uh a little bit earlier in

[23:11] the interview. It seems to me that you said that there was more and more control by the tax authorities. So

[23:18] So how has that evolved over the last few years? The the look, the

[23:24] the control of the tax authorities on the on cryptos. So, I would say that the view of the tax authorities a few years ago, good

[23:32] It was a crypto it was a little bit of a curious beast. So now, as I said, there's

[23:38] has more and more people who have crypto accounts. So it is being democratized. So we have exchanges of

[23:44] more and more fluid with tax services. Alright. Obviously, it depends on the services, it depends on the of the auditors, but

[23:51] In any case, what is clear is that today um the tax authorities have

[23:56] much more information than before to cross-reference data.

[24:02] So what does that mean? That means that before, well, it was essentially a declarative system,

[24:08] that is to say, taxpayers declared a certain amount of information and the tax authorities could

[24:13] check if he was interested in this tax household. Today, in fact, there are a lot

[24:20] information that is sent directly to the tax services. So either by the banks or by the

[24:26] platforms, um or simply through what we call data mining, that is to say the search for data and

[24:33] The analysis by AIs um that will precisely cause um more

[24:38] Check and we can see that um already today, it will increase.

[24:43] OK Uh, a little earlier, you talked about the risks involved if we didn't declare

[24:48] not the existence of of his account. So what are the risks involved if we

[24:55] Are we making a bad statement concerning these cryptos? So, if we

[25:00] makes a bad declaration, that is to say, if you either do not declare capital gains, or you declare them incorrectly,

[25:07] In fact what we risk are tax reminders. So that means a recalculation of the tax that should have been

[25:13] paid. Uh and to that, we add late payment interest so who is somewhere the

[25:20] what was considered to be the damage of the treasure. That is to say, he received his money late. And

[25:26] Well, at the end of the day, these late payment interests are not very large amounts in general because it is

[25:32] calculated at a rate of 2.4% per year. The problem is the increases.

[25:38] OK? That is to say, um, in some cases, um, we can have a 10% markup

[25:44] taxes, 40% increase or 80% increase. And now we really reach

[25:50] very significant amounts that sometimes can go beyond the earnings themselves. Uh and that 10%, 40%, or 80%

[25:58] depend on the severity of the fault according to the tax services. does

[26:04] Are we on a simple oversight? Are we on a voluntary basis? The right to be forgotten, to

[26:10] the error. The right to make mistakes or there you go, that's it. So it's a question of whether there was a

[26:16] Fraudulent scheme that was set up just to evade taxes or if

[26:21] it is simply an oversight that needs to be fixed. And here, of course, the penalties are lower. Things need to be corrected

[26:28] um quickly and cooperate to avoid

[26:33] and simply show good faith. Alright. So all of these explanations are very clear. Me, I have I learned

[26:39] lots of stuff. Uh, despite everything, there may be people who are still reluctant to invest in

[26:45] cryptos. What could you because we also mentioned a little bit about all the obligations

[26:51] engender? What could you say to reassure people who are still saying, “Yeah, well, that's it, that sounds nice but he's fine.

[26:58] I have to call a lawyer, I'm going to have to be super careful. So how can we reassure them? So already to reassure them,

[27:05] What I can what I can say is that today the tax system is still quite clear.

[27:11] That is to say, if we were talking to each other before 2019, I would have told you we are still a little bit in a zone

[27:17] grey. Today, the regime is quite clear. Alright. So that's a good thing.

[27:22] Uh then, I would say that as soon as we are interested in the subject, well in fact it's the same thing that must

[27:28] be done every year. So if you master your declarations in a given year, well then we start again.

[27:36] the following year. For me, sometimes I have customers who come to me and say “Well, I want to do

[27:41] Things very cleanly, to understand what I need to do this year and then I'm in fashion

[27:48] of employment and the following years, I would be able to do it alone and I give them all the advice so that they

[27:54] are able to be in autonomy precisely.” So that, I would say for me it is reassuring from the point of view of

[28:01] Taxpayer is that once you have learned how to do it, well you can manage on your own. Yes, I see. Alright. And um maybe

[28:08] to finish off a slightly more general question. We came back, we have

[28:13] tendency to encourage people to be cautious about cryptoassets, especially if, um, they don't understand

[28:20] Very good what it is about. And then we also tend to tell them not to venture outside of Bitcoin.

[28:28] or ether um when there are thousands of cryptocurrencies out there.

[28:34] You What is your point of view? Do you really have to stay in in Bitcoin and ethers or that

[28:40] Is it worth taking a quick trip elsewhere? So, I think that at the start, we have

[28:46] Interest in staying on safe values, but I would say that we can add to the

[28:52] Bitcoin and ether other cryptocurrencies that are fairly well known. Then maybe I would like to make a quick point about this

[28:57] They call them stable coins. Oh yeah, very interesting. Uh, it's interesting because right now, we're saying to ourselves that we want to

[29:02] stay in a secure universe. The stable coin is in fact a cryptocurrency

[29:08] which is backed by an asset such as gold or the dollar. And

[29:14] So there is a certain bah the volatility is less obviously what if

[29:19] We want to stay in a more secure universe, it can also be an alternative by saying good well there you go

[29:26] Some times I exchange Bitcoin for stable coin because I want to stay on a stock that

[29:33] Uh, so does the value of gold. So yeah, but I think I finally see it at

[29:38] On a daily basis, it is by becoming interested in the subject that we start trying

[29:43] Things about small amounts that are a bit riskier and then we realize that well in fact it's a

[29:50] position that had a certain interest in terms of return. So yeah, I think that the advantage we have in France of

[29:57] This neutrality on crypto to crypto exchanges is precisely to be able to

[30:02] try to move on to other positions without having to make specific statements. So my

[30:10] The advice is to go step by step. OK Uh and then um and then then to see if it's an asset that's right

[30:17] And um, in which we want to get more involved, while obviously remaining moderate. Uh, we often say

[30:24] You only invest what you are prepared to lose. We say that in every field. Well, it's the same here.

[30:30] If I'm not talking nonsense, now there are Bitcoin ETFs. That can be interesting for someone who is

[30:36] still a bit reluctant or who Yes. who does not necessarily master the technical side of things. Absolutely. Absolutely. It is it is

[30:42] another possibility. Well, it's the same principle as an ETF as we know them um who follows the value and who

[30:49] allows for some diversification as well. Alright. But to summarize, if I understand correctly, you still have to um

[30:55] Um have a minimum uh of interest in uh for the for the Bitcoin, for for

[31:00] cryptos in general. I think that anyway, um, you should never go anywhere with your eyes.

[31:06] closed. So, there are more and more wealth management advisers, huh, who offer um here's a

[31:13] Uh uh partial investment uh in cryptocurrencies. So it can also be

[31:18] A solution to say well I go through a third party um to make this investment, a third party who may be in control a little

[31:25] plus the subject. I think that anyway, when you invest, you have to be informed. I think that

[31:32] financial information is essential. Yes, it is something that is put a lot of emphasis on regardless of the product.

[31:37] Exactly. and and I actually find that the income um is completely in this in this approach of informing about

[31:45] any type of investment and then well then well it leaves the choice and the possibility to dig when you want to

[31:51] to find out more about one of the asset types. So I just thought of a question

[31:57] Probably a little bit stupid, but the taxation is the same regardless of crypto.

[32:04] Exactly. Very yes, absolutely. Whether you are selling Bitcoin, Ethers,

[32:09] In any case, we will be taxed on a 30% flat tax.

[32:15] Alright. Well well, thank you so much Stéphanie. With pleasure. Uh well, I hope we get the

[32:22] The opportunity to talk about all this again and then maybe to discuss other aspects, especially entrepreneurs um

[32:29] because you also work with businesses. Absolutely, absolutely. Uh so I hope we get a chance to talk

[32:34] of that and then maybe other digital assets. With pleasure. Thanks. If you liked this video,

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