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19 June 2019

Legal Professionals’ Key Involvement in the Escrow System for Funds Raised During an Initial Coin Offering (ICO)

Since the PACTE law came into force in France, a procedure for obtaining a visa for any public Initial Coin Offering has been provided for before the French Financial Markets Authority (the AMF).

In this context, the AMF requires issuers applying for a visa to set up a procedure to secure the funds collected during the ICO.

Avec Thibault Verbiest

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