In France, digital asset service providers have been defined thanks to the PACTE law. Designed to protect the investor and fight against money laundering, some services require prior registration with the AMF. What are digital assets and PSANs? As we have seen in a previous article on the “Minibons” ordinance of 2016 and the regulations […]
In France, the DEEP (Dispositif Électronique d’Enregistrement Partagé: electronic shared registration system in English) enables joint-stock companies to record their share movements in a decentralized register (e.g. blockchain). This simplifies the process and saves the intermediation costs related to account keeping/custody. Let’s define the electronic shared registration system and securities movements The world of fintech […]