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Germany’s Financial Body Clarifies its Stance on ICOs

Germany’s financial supervisory authority has published a statement where it clarifies the meaning of cryptocurrency tokens as the “unit of accounts” and the key requirements that need to be fulfilled by the operators that are dealing with these tokens. BaFin clarifies on ICOs and its operators The Federal Financial Supervisory Authority (BaFin) of Germany issued

Germany’s financial supervisory authority has published a statement where it clarifies the meaning of cryptocurrency tokens as the “unit of accounts” and the key requirements that need to be fulfilled by the operators that are dealing with these tokens. BaFin clarifies on ICOs and its operators The Federal Financial Supervisory Authority (BaFin) of Germany issued