Perkins Coie LLP (LexBlog France)

Weekly Focus: Members of Congress Request SEC Clarity On Digital Securities Custody Digital Asset ‘Stacks’ Plans 2.0 Launch as Non-Security Secretary Mnuchin Emphasizes G7 Coordination on Digital Currencies CFTC and SEC Leaders to Step Down DOJ Indicts ICO Promoter for Tax Fraud, SEC Files Civil Suit France Strengthens Anti-Money Laundering (AML) Requirements for Digital Asset...

Over the past few years, we have seen increasing legislative and regulatory activity around the globe on the issue of digital accessibility. Most recently, the French government issued a new law and corresponding technical order (known as the General Accessibility Reference for Administrations, or RGAA) last year that impose a broad range of accessibility obligations...

A director of the French banking regulator reportedly stated that France is following the European Banking Authority’s recommendation discouraging financial institutions from buying, holding or selling virtual currencies until a comprehensive regulatory regime is developed. He also made a presentation, part of which discusses Bitcoin, focusing heavily on its risks.