France Issues New Ruling for Mini-Bonds Trading on Blockchain Platforms
France Issues New Ruling for Mini-Bonds Trading on Blockchain Platforms
The French government has passed a new ruling authorizing the use of distributed ledger technology for the issuance of mini-bonds and recording of trades. The new statute not only gives a clear definition of blockchain technology in French law, it also recognizes the technology as a recording tool that can be used for the transfer and authentication of ownership titles while providing legal validity to mini-bonds issued and traded via a blockchain infrastructure.
The statute (no 2016-520, April 28, 2016) defines blockchain technology as a “shared electronic recording system allowing for authentication.”...
https://btcmanager.com/news/finance/france-issues-new-ruling-for-mini-bonds-trading-on-blockchain-platforms/
Topic: France Issues New Ruling for Mini-Bonds Trading on Blockchain Platforms (Read 247 times)
May 12, 2016, 06:34:05 PM
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