Selling crypto currency results in capital gain if profitable (short-term or long-term). Any capital gain is eligible for investment as qualified money in an Opportunity Zone Fund. Thus you would receive all the OZF tax benefits by investing up to the amount of your capital gain from crypto assets no different than capital gain from real estate or stock.
Sales of cryptocurrency generate capital gain. When that capital gain is triggered, the taxpayer could defer the capital gain through investment in an opportunity zone fund.
The threshold issue with crypto is whether it's a capital asset in the hands of the investor. As long as it's a capital asset, selling it to an unrelated person will give rise to gain eligible for deferral through a QOF. It really is that simple. But it might be surprisingly complicated to figure out whether crypto is a capital or ordinary asset in the hands of a given taxpayer. Under some circumstances, crypto could be an ordinary asset (if it's dealer property, for instance).
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