Legibloq

Legibloq for Regulated Professionals

Whether you are a notary, lawyer, or auditor handling a transaction involving cryptocurrencies, Legibloq is the definitive solution for your needs.

A regulatory-compliant escrow solution

Legibloq provides a cryptocurrency escrow service based on a PSAN solution registered with the AMF ensuring compliance with regulatory standards.

As such, the origin of the funds is analyzed at the time of escrow and their compliance is verified.

An escrow agreement is signed between Legibloq and the depositor, and an escrow certificate is provided at the time of deposit.

A guarantee of available funds

The escrow managed by Legibloq accounts for the type of assets deposited and their volatility to guarantee the funds available at the time of transaction completion.

Upon transaction completion, funds are converted into euros and transferred via SEPA to the account designated by your firm when signing the contract.

A turnkey and free solution

Before the operation, Legibloq assists you on request in qualifying your client, allowing you to approach the operation with confidence.

Additionally, Legibloq has a network of partner lawyers and notaries who can assist in organizing the operation if needed.

Finally, Legibloq provides your client with tailored recommendations on the tax implications of the transaction.

Are you involved in a transaction that includes cryptocurrencies? Let's discuss it together.

Book a discovery call (free) so we can help you carry out your transaction under the best conditions.

FAQ

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Is there a risk of funds being unavailable at the time of transaction resolution?
The funds are guaranteed to be available at the time the escrow is resolved. Accepted cryptocurrencies are rigorously selected, and any potential volatility is accounted for at the time of deposit, with over-collateralization by the buyer when necessary. The conversion to fiat currency is guaranteed at the time of escrow resolution.
What are the risks to consider?
When using cryptocurrencies, beyond the usual regulatory risks, additional risks may arise from the type of cryptocurrency the buyer wants to use and how it is secured.

Legibloq addresses these issues by selecting the accepted cryptocurrencies and using a regulated solution that involves a strict compliance process and a secure, dedicated storage.
Is there any specific taxation to consider?
In France, taxation for cryptocurrencies includes the flat tax on capital gains (or income tax) for the buyer. Our experts can guide you on the specific tax implications of your transaction, ensuring full compliance with regulations.
What are the legal obligations when dealing with cryptocurrencies?
As with any financial transaction, the legal obligations include identifying the buyer and the origin of their funds, as well as compliance with anti-money laundering (AML) and anti-terrorism financing regulations.

Legibloq ensures this compliance throughout the entire transaction process.
What types of escrow arrangements are possible?
We offer a conventional escrow adapted to transaction needs, providing security and flexibility for different types of operations.