The Evolution Of The Digital Inheritance: Legal, Technical, And Practical Dimensions Of Cryptocurrency Transfer Through Succession In French-Inspired Legal Systems (2410.22907v1)

Abstract: In recent years, cryptocurrencies have enjoyed increased popularity in all domains. Thus, in this context, it is important to understand how these digital assets can be transmitted, both legally and efficiently, in the event of the death of their owner. The present paper analyses the mechanisms of cryptocurrencies, analysing from a technical point of view aspects related to blockchain technology, virtual wallets or cryptographic keys, as well as various types of operations regarding this type of virtual currencies. The study also examines the legal aspects related to cryptocurrencies, with an emphasis on the diversity of their status in different global jurisdictions as well as the impact on inheritance planning. The case studies present tangible examples related to successions with cryptocurrencies as the main object, thus completing the exposition related to the main challenges faced by the heirs in the transfer process. In this way, this paper offers possible solutions and recommendations related to inheritance planning with cryptocurrencies as its main object, including the legal and fiscal aspects that must be taken into account when planning a digital succession.