France is moving forward to embrace blockchain technology and the issuance of digital assets. While security tokens will be regulated just like the securities they are, France has crafted a regulatory regime that supports the issuance of utility tokens. Last December, the French Government issued a decree (Décret n°2018-1226 du 24 décembre 2018) outlining a portion of the utilization of blockchain for securities. The decree made France the first European countries to take such a step. While not specifically mentioning blockchain or distributed ledger technology, the language aligned with the intent to facilitate sec ... (full story)