Cyril Sabbagh: “Does the Taxation of Cryptocurrencies Make Sense?”

With the advent of cryptocurrencies, the financial world has witnessed a true revolution. Once considered a curiosity reserved for insiders, cryptocurrencies have now taken a prominent place on the global financial stage.

In France, their popularity continues to grow, attracting more and more investors and individuals seeking new investment opportunities. However, as their influence expands, questions arise about their regulation and taxation.

Are cryptocurrencies subject to the same tax rules as other financial assets? What are the challenges of cryptocurrency taxation in France? And does cryptocurrency taxation make sense?

In this article, Cyril Sabbagh, managing director at Melanion Capital, renowned creator of the groundbreaking world’s first Bitcoin UCITS ETF, and president of Melanion Digital delves into the realm of cryptocurrency taxation in France and explores the profound implications it holds for both seasoned investors and avid cryptocurrency users.


This information is educational, and is not an offer to sell or a solicitation of an offer to buy any security. This information is not a recommendation to buy, hold, or sell an investment or financial product, or take any action and must not serve as the basis for any investment decision. All investments involve risk, including the possible loss of capital. Past performance does not guarantee future results or returns. Before making decisions with legal, tax, or accounting effects, you should consult appropriate professionals.

The information relayed in this article must be considered and analyzed in light of all the risks identified in the fund’s pre-contractual documentation, which you can find via the following link.

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