Token Regulatory Classification & Structuring

d&a partners' Regulatory department provides comprehensive legal analysis for determining the regulatory classification of digital assets and structuring token offerings to ensure compliance with French and European financial regulations.

Securities Law Analysis

The firm identifies, anticipates and integrates all inherent regulatory constraints for token offerings, providing detailed legal analysis determining whether digital assets constitute securities or other regulated instruments under French law, EU MiCA regulation, and other applicable frameworks. This includes regulatory risk assessments for token launches and classification of utility versus security tokens.

Token Offering Structuring

The Regulatory department advises clients on structuring complex and regulated transactions including stablecoin issuance, token offerings (ICOs), crypto-asset derivatives offerings, and tokenization of investment fund shares. Notably, d&a partners has supported 40% of French ICOs that obtained the visa of the Autorité des marchés financiers under the Pacte law.

Regulatory Documentation

The firm handles drafting and negotiation of regulatory documentation including Whitepapers and Terms & Conditions that satisfy AMF requirements, ensuring clients can launch token offerings with full regulatory compliance. This comprehensive approach integrates securities law analysis with practical token offering implementation.

Why Choose d&a partners

As one of France's leading blockchain law firms, d&a partners combines deep regulatory expertise with proven track record in supporting successful ICOs and token offerings. Their specialized knowledge of MiCA, French securities law, and AMF requirements positions them as strategic advisors for token issuers navigating complex regulatory landscapes.