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NFT. symbols surrounded by legal and tax uncertainty

While Europe is making great strides in regulating the “financial” use of crypto-assets, non-fungible tokens are currently not subject to any specific regulation. “There is currently legal and fiscal uncertainty because the qualification NFTs is complicated because their use cases are so diverseFaustin Fleuret, president of the Association for the Development of Digital Assets (Adan), explains.

Last week, the European Parliament’s Economic Committee voted overwhelmingly in favor of the MiCA (Markets in Crypto-Asset) regulation, a new EU-27 harmonized regulatory framework for crypto-assets that has yet to be finalized. Members of the European Parliament until the final adoption. After many discussions, NFTs were, a priori, excluded from the scope of MiCa, precisely because of their extreme heterogeneity, some NFTs were not comparable to financial assets.

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Source: Le Figaro

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