ARK’s Pathway To a Crypto-Friendly Europe

Lars
ARK.io | Blog
Published in
3 min readJul 12, 2018

ARK has become a leader in the blockchain movement within both France and the greater EU. By establishing healthy, two-way communication with the French government and pro-crypto movement, we hope to help steer the regulation that will open the doorway to making France a haven for the blockchain industry. In order to facilitate the change we want to see, we need to lead by example.

As we are open and transparent with these governmental bodies, they have asked us if we could provide additional information about our Token Exchange Campaign (TEC) and those who participated in the event. TEC participants are those who exchanged LSK and BTC in our initial exchange campaign from November 7, 2016 — December 11, 2016 when the campaign ended.

ARK wants to keep a solid reputation and become a leader in all-in-one blockchain solutions for all startups, franchises, government projects and businesses in general who want to take advantage of the blockchain revolution. By working closely with governmental officials we can help adoption worldwide through communication and education.

We have already established a very friendly relationship with the AMF (The Autorité des marchés financiers), the regulator of the financial markets in France which acts similar to the SEC in the United States, Banque de France (Bank of France), the French Parliament and the Ministry of finance. This relationship includes extensive discussions on crypto regulation and a legal framework that is leading the movement in France and the whole European Union.

ARK is more than willing to provide consultation to all of the representatives and officials of any country that would seek help and advice in blockchain, bitcoin or crypto in general. Working closely with governmental officials provides security for investors and a healthy framework for blockchain start-ups. Paving the way for future blockchain based businesses.

With that in mind, and our positive discussions with the French government helping to set the tone, we were asked to provide some additional KYC information on how we conducted our Token Exchange Campaign (TEC) and we’d like to ask for your help (those who participated in the TEC). We have always believed ARK is a project that is supported and empowered by a critical and ever growing community. In our efforts to provide the information requested, we have reached the point that we need input from part of the community in order to move the matter forward.

As such, we will be sending official emails to participants of our TEC and we’d kindly ask you to provide the necessary information that will be requested in the email. We understand any hesitation and take your privacy and the security of our supporters very seriously.

Please understand that providing this information would help both us and our cause to build bridges that will pave the way forward for proper regulation and recognition of this movement. To be able to show that our community and the crypto movement at large are ready and willing to take the proper steps to legitimize this business model and this industry would go a long way in making our case to those with the power to enact change. Any information you can help us provide will be very much appreciated.

Thank you in advance for your help and continued support.

— The ARK Crew.

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