Question 13960 — means of payment

Summary

Mr. Florian Bachelier questions the Minister of the Economy and Finance on the taxation governing virtual currencies and Initial Coin Offerings (ICO). Users can allocate the computing power of their computer hardware to mining virtual currencies and receive virtual tokens in return. The launch of a new blockchain network involves the anticipated creation of a certain number of tokens in order to ensure the functioning of money. Companies then use an ICO to finance themselves by creating tokens exchangeable for a currency or virtual currency. The legislator should soon regulate the ICO as a type of financing for industrial projects. He asks what measures the Government intends to take regarding the tax, accounting and banking framework for companies using ICOs.

Machine translation from French. The official text remains authoritative.

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