Tagged: loi pacte

May 5, 2022 @ 10:30 am By JD Alois  |  

Binance, the largest crypto exchange in the world, is now registered with the French Autorité des Marchés Financiers (AMF) as a digital asset service provider (DASP). According to the AMF, Binance France is registered to offer: Digital assets custody Purchase/sale of digital assets for legal… Read More

December 29, 2021 @ 10:18 am By JD Alois  |  

In December 2019, the Autorité des Marchés Financiers in France approved its first initial coin offering (ICO). France had previously pushed forward legislation that sought to regulate ICOs under the French Pact Law (or Loi Pacte). The Loi Pacte introduced an optional visa regime for… Read More

December 19, 2019 @ 8:43 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) has qualified its first “Visa” for an issuer seeking to promote and pursue and an initial coin offering (ICO). Updated rules regarding utility type tokens were recently approved under the Loi Pacte (Pacte Law) – an act of… Read More

November 6, 2019 @ 12:17 pm By JD Alois  |  

Good news for investment crowdfunding platforms in France. Last week, it became official that the effective crowdfunding cap was increased from €2.5 million to €8 million (~$8.9  million). The change came with the finalization of Decree No. 2019-1097.     The Decree was part of the Loi… Read More

October 30, 2019 @ 2:00 am By JD Alois  |  

This past June, France saw its first security token offering based on a real estate transaction. The process was managed by Equisafe, a platform that describes itself as a “neo investment bank.” The digital securities raised €6.5 million. In a blog post from August, the… Read More

June 10, 2019 @ 4:00 pm By JD Alois  |  

France is moving forward to embrace blockchain technology and the issuance of digital assets. While security tokens will be regulated just like the securities they are, France has crafted a regulatory regime that supports the issuance of utility tokens. Last December, the French Government issued… Read More

May 20, 2019 @ 6:13 pm By JD Alois  |  

Crowdfund Insider has just received a note that the Loi Pacte (Pacte Law) has been finalized and will become actionable beginning in June. The new regulatory regime will enable initial coin offering (ICO) issuers to raise capital online and sell digital assets which are not… Read More

March 25, 2019 @ 6:17 pm By JD Alois  |  

The French National Assembly recently passed the PACTE law (Loi PACTE). The omnibus bill entails a variety of acts of legislation designed to boost the French economy. Championed by the French government it is expected to become law within the coming months – perhaps as… Read More

December 28, 2018 @ 10:54 am By Therese Torris  |  

Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More

October 27, 2018 @ 8:24 pm By JD Alois  |  

In much of the world, digital asset companies are frequently accompanied by challenges with the traditional financial system. Initial coin offering issuers and crypto-intermediaries regularly find themselves struggling to open a simple bank account. In France, this will not be the case according to a… Read More