preloader
  • HOME
    HOME
  • LEGAL SERVICES
    LEGAL SERVICES
    • Criminal law
      Criminal law
    • Digital law
      Digital law
    • Intellectual property
      Intellectual property
    • Legal mediation
      Legal mediation
    • Secondary securities and bond market law
      Secondary securities and bond market law
    • Tax and corporate law
      Tax and corporate law
  • IT SERVICES
    IT SERVICES
  • BUSINESS INTELLIGENCE
    BUSINESS INTELLIGENCE
  • LEGALTECH
    LEGALTECH
  • ABOUT US
    ABOUT US
  • CONTACT US
    CONTACT US

Contact us at [email protected]

Image Not Found On Media Library
Eternoscorp
Follow us !
Due to a case of #covid19 in our Ireland & Luxembourgese agency, Eternos Corporation will provide remotly assistanc… https://t.co/ZFZLwuS6IL
192 days ago - Eternoscorp
@4emeIl @laure_c89 Vous avez mis votre site en conformité ainsi que les vidéos visées.
207 days ago - Eternoscorp
RT @onevoiceanimal: Annulez le décret qui vise à augmenter le nombre de victimes de l'#ExpérimentationAnimale et financez les méthodes alte…
208 days ago - Eternoscorp
#internship #summer2020 #law #IT EternosCorp is looking for #interns in law and computer science from L1, (exceptio… https://t.co/KqmEIolI5A
211 days ago - Eternoscorp

 

Headquarter, Ireland
13 Baggot Street Upper
2nd Floor
Dublin 4, D04 W7K5, Ireland
+353 1 254 4438
Benelux-France-Germany, Luxembourg
26-28 Rue Edward Steichen
2ème étage
L-2540 Luxembourg
West Europe, Milano
Via Tortona, 33
Milano, Lombardia
20144, Italia
East Europe, Russia
Building 19, Greenwood Business Park
Krasnogorsk District
143441, Moscow, Russia
logo
  • HOME
    HOME
  • LEGAL SERVICES
    LEGAL SERVICES
    • Criminal law
      Criminal law
    • Digital law
      Digital law
    • Intellectual property
      Intellectual property
    • Legal mediation
      Legal mediation
    • Secondary securities and bond market law
      Secondary securities and bond market law
    • Tax and corporate law
      Tax and corporate law
  • IT SERVICES
    IT SERVICES
  • LEGALTECH
    LEGALTECH
  • ABOUT US
    ABOUT US
Follow us !
Facebook
Instagram
Linkedin
Twitter
Youtube
RSS Feed
logo
logo
  • French
Go back
ICO

Legal management of ICOs and cryptocurrencies

Business Intelligence

ICO are hard : the first problem is the lack of knowledge related to this type of investment. Unlike the earlier days of ICOs, when launching an ICO with some basic preparation was all you needed, the ICO market has matured. There are some informal standards in place and a successful ICO must adhere to all of them.

The success of a Security Token Offering (STO) or of an Initial Coin Offering (ICO) project depends on various factors.  For instance :

  • Having an anonymous team for your cryptocurrency project is the sure shot way to fall short on your fundraising targets. Start by forming a team that has at least some crypto-currency industry experience; Investors trust familiar faces. When marketing your project, offer complete information about your team with their photos and social media profiles. In case you do not have any industry expert in your team, reach out to relevant industry professionals and get them on your advisory board.
  • Starting with realistic goals for your ICO, prepare a roadmap for the project. You will require a whitepaper that clearly explains your business goals, what you intend to achieve with the project, and how you intend to achieve it. Discuss the technical aspects of the project in detail and it is even better if your project is under development. Investors prefer a project under development at some stage. Having a working prototype is the best play. Your entire ICO will revolve around your prototype.

However, there is something as important as setting up a good team or drafting a whitepaper, the legal management of the  project.

 

What is an ICO legal management ?

Click to zoom

As you can see there are a lot of regulations for each countries

And every year new regulations appear…

 

You must be adviced before launching a business based on cryptocurrencies !

The industry of Blockchain seems quite unregulated, but countries are constantly trying to exert more control on then. Recently, for instance, both France and Switzerland organized the previously unregulated ICO market.

In France, the creation of this regime was inserted in the 2019 version of the loi “Pacte-Dutreuil” – a fiscal regime set to facilitate the company and commercial activities survival – articles 26 and following[1]http://www.assemblee-nationale.fr/15/ta/ta0179.asp.

This marks the creation of a French regime for token offers and Initial Coin Offerings (or “Initial Token Offering“), i.e. fundraising via a shared recording device (in particular using the so-called “blockchain” technology) via the issuance of digital “tokens”. The special situation for the cryptos regime is especially marked by a fiscally oppressive situation. The French financial authority is also given much larger powers. Even more recently, the ICO became even more regulated through a hard qualification of all token as financial assets. 

 

In the Helvetic Confederation (the actual name of Switzerland), the ICO is regulated by the FINMA[2]https://www.finma.ch/en/authorisation/fintech/, the local financial authority. It has recently updated is cryptocurrency and crypto market policies, changing a few elements. This updated has gained little attention for the markets, but undeservingly so.

If you want to launch an ICO that’s available to American consumers, it has to clearly pass the Howey Test. Regulations in the European Union also closely mirror the Howey Test’s guidelines.

And don’t forget the KYC (Know Your Customer), AML (Anti Money Laundering) & privacy policies which are very restrictives in this kind of business !

Click to zoom

Securities commissions exist to protect consumers from dangerous or fraudulent investments, and the recent increase in ICOs has also meant an increase in pump and dump schemes where the tokens have no inherent value. Regulators are understandably concerned about fraudulent ICO activity. In many cases, it’s difficult to perform an audit of an ICO or to evaluate a token’s legitimacy without a specialist legal background.

Start a cryptocurrency business

 

Starting a cryptocurrency business is not complicated if you are well adviced,  the success of such venture is almost guaranteed considering how you are legaly assisted.

 

 

Our expertise

 

When dealing with other people’s money it’s crucial to make sure that the STO or ICO project is not breaking any laws every step of the way. With our STO and ICO legal advice we help Blockchain, STOs and ICOs projects avoiding legal issues that can compromise the entire activities.

 

Eternos Corporation is already working with entrepreneurs and cryptopreneurs to ensure their legal regime protects both their and their clients interests such as CEX helping them to get their FinCEN registration[3]https://www.fincen.gov/money-services-business-msb-registration and forming their compliance officers.

Established in London in 2013, the leading cryptocurrency exchange offers Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash and other trading options
Cex

Launch an ICO Project

 

Let's build your future together

We will make real the project of your dreams

GO

0$

Sent, we will be very happy to work together !

How can we help you ?

You need to select an item to continue

NEXT STEP

We will be in touch soon !

The final estimated price is :

Summary

Description Information Quantity Price
Discount :
Total :

Sendreturn to previous step

References[+]

↑1 http://www.assemblee-nationale.fr/15/ta/ta0179.asp
↑2 https://www.finma.ch/en/authorisation/fintech/
↑3 https://www.fincen.gov/money-services-business-msb-registration
Tags
AMLbitcoinbitcoincashbtccryptocurrenciesdodgecoinethethereumFinCENfinmaICOKYClitecoinmoneroprivacy policySTO

Related Services

Related services that you should not miss
31814476087_446858da85_k (1)-min

Monitor your ereputation, remove any content from the web

Having a good web reputation ( ereputation ) is important for both for individuals and for companies : digital reputation inevitably …

READ MORE →
Business Intelligence
4 Min Read
33241097510_fa17e95c70_o (1)-min

Business analytics

Business analytics is about value creation. Whether through greater efficiency or greater effectiveness, better decisions reduce costs, reveal opportunity, and improve …

READ MORE →
Business Intelligence
2 Min Read
shutterstock_528531394-min

Virtual presence and social networks monitoring

Ten years ago, there was no way to protect oneself from Internet defamation or online competitors, but also to make people …

READ MORE →
Business Intelligence
4 Min Read
Looking for a specific legal service ?
  • Business Intelligence
  • Legal services
    • Digital law
    • EU Private markets and equity
    • Financial Law
    • Intellectual property
    • International law
    • Legal mediation
    • Secondary securities and bond market law
    • Tax and corporate law
Most consulted :
  • Luxembourg corporation
    14/09/2020
    Company forming and incorporation Luxembourg
  • bank banking digital fintech
    22/07/2020
    Banking & Financial structuring and licence #FinTech
  • 31814476087_446858da85_k (1)-min
    02/07/2020
    Monitor your ereputation, remove any content from the web
Help us to defend the animal cause by making a donation to OneVoice
Copyright - Eternos Corporation LTD 2017-2020
Legal notice & privacy policy      Cookie policy
Legal management of ICOs and cryptocurrencies ⋆ Eternos Corporation