Mr. Jérôme Blanchet then looked at the issue of the

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Despite these practical difficulties, ICOs benefited from a fairly precise regulatory definition from the various authorities. However, the concept of tokens and bitcoins is legally more difficult to grasp. Are they financial securities, financial contracts? How can they be legally qualified and to which category should they be assigned? Author of numerous writings on the subject, Professor Dominique Legeais has provided the most precise elements to answer these questions. These qualifications are not without consequences on the applications that follow, particularly in tax law.



But before looking at business owner database these consequences, there are still many applications of the Blockchain. The latter is also presented as a register that is not reserved exclusively for financing operations. Professor Mustapha Mekki gave a very detailed and drastic presentation of the applications on certain personal and professional practices. These practices are manifested in terms of securities, insurance, notarial work, etc., mainly via smart contracts . These different practices bring this technology closer to the common interest. This intervention raised awareness of the eminence of regulatory apprehension, particularly on the part of professionals.



valuation of cryptocurrencies. Through this intervention, the question was to determine the value of exchanges on cryptocurrencies and their redemption value. The economic interest of the technology for professionals and households was also highlighted.



Furthermore, the taxation of tokens and bitcoins remained a particularly worrying issue in view of its direct impact on the income of investors and miners (name given to Blockchain data hosts by reference to mining). The attachment to a legal category or not is still essential in determining the applicable tax regime. Ms. Nadine Prod'homme Soltner and Mr. Karim Sid Ahmed provided the most precise tax elements to understand the issue in particular with regard to the CGI and the decision of the Council of State of April 26, 2018.