New French Pacte Law: The New 'Digital Assets Services Providers' ('DASP') Status In addition to the optional visa available to all issuers of Initial Coin Offerings, the French Pacte Law establishes a regulated status as a Digital Assets Service Provider or 'DASP'.
Legal Professionals' Key Involvement in the Escrow System for Funds Raised During an Initial Coin Offering (ICO) Following France's PACTE law a procedure for obtaining a visa for any public ICO has been provided for by the Financial Markets Authority (AMF), which requires issuers to set up a procedure to secure funds.
The Visa Delivered by the French Financial Regulator (AMF) to Issuers of Initial Coin Offerings (ICOs) The PACTE law introduced a specific regime for ICOs, providing for an optional approval/visa issued by the AMF. This new regime does not apply to STOs, but exclusively to the issuance of so-called "utility tokens".
Real Estate Asset Tokenisation - A French Perspective Thibault Verbiest (Associate Partner) and Diane Richebourg (Associate Lawyer), DS Avocats
The New French Legal Regulations For All Crypto-Active Players Thibault Verbiest (Associate Partner) and Diane Richebourg (Associate Lawyer), DS Avocats
France Two early ICOs in France Iexec Iexec aims to become a decentralized computing platform. The project allows Decentralized Applications (DAPPS) and other users to require external computation while the protocole validate the results in a decentralized manner. Led
France Clarification on cryptoassets taxation in France On April 26th, 2018, the Supreme Administrative Court ("Conseil d'Etat"), clarified prior instructions from the tax administrations. In 2014 the tax administration had presented capital gains from bitcoin as either industrial
France Ordinance on the use of shared registers for the transmission of financial titles On December 8 2017, the French president signed a legislative order210 authorizing the use of a "shared digital registering device"---a formal designation for blockchain systems---for the transmission of financial titles
France Discussion Paper AMF on Oct. 22, 2017 The French Financial Markets Authority (AMF) published209 on October 22 a discussion paper regarding its analysis of the application of existing regulatory framework to ICOs and future regulatory options. Current Framework While most
France France As part of the European Union, France's regulatory framework complies with the Prospectus Regulation as well as the Markets in Financial Instruments, Alternative Investment Fund Managers and Anti-Money Laundering Directives. As a civil
