The notion of distributed ledger (formally denominated “shared electronic recording system, or DEEP in French) was first introduced to French law in 2016 by Ordinance No. 2016-520 of April 28, 2016 (the “Minibon...more
1/14/2019
/ Blockchain ,
Cryptoassets ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Instruments ,
Financial Transactions ,
FinTech ,
Initial Coin Offering (ICOs) ,
Popular ,
Regulatory Requirements ,
Token Sales ,
Unregistered Securities ,
Virtual Currency
France took another step towards becoming a major hub for initial coin offerings (“ICOs”) with the publication by the Accounting Rules Authority (Autorité des normes comptables or “ANC”) of Regulation No. 2018-07 of December...more
12/21/2018
/ Accounting Standards ,
AML/CFT ,
Cryptocurrency ,
Digital Assets ,
Financial Instruments ,
Financial Statements ,
France ,
Initial Coin Offering (ICOs) ,
Investment ,
Legislative Agendas ,
Pending Legislation ,
Regulatory Oversight ,
Token Sales ,
Virtual Currency
After allowing registration and transfer of unlisted securities through distributed ledgers in 2017 and drafting legislation for initial coin offerings (ICOs) earlier this year, France is contemplating the introduction of a...more
10/2/2018
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Instruments ,
Financial Markets ,
Financial Services Industry ,
Financial Transactions ,
Framework Agreement ,
France ,
Initial Coin Offering (ICOs) ,
Investment Products ,
Proposed Amendments ,
Regulatory Oversight ,
Regulatory Standards ,
Token Sales ,
Unregistered Securities ,
Virtual Currency