Crypto assets face EU-wide regulation The European Securities and Markets Authority (ESMA) has called for the establishment of an EU-wide approach to the regulation of crypto assets and initial coin offerings (ICOs), without which it believes investors are “exposed to substantial risks”. In addition, the pan-European regulator has called for crypto assets and related activity...
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Opening corporate accounts for blockchain companies – Swiss Bankers Association publishes guidelines for its members Basel, 21st September 2018 – The number of blockchain companies in Switzerland has risen sharply. The SBA welcomes this trend and takes a positive view of the high market momentum, as it boosts Switzerland’s attractiveness as a financial centre. Banks...
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Blockchain/ICO working group consults sector on its work Bern, 31.08.2018 – The blockchain/ICO working group was appointed at the start of 2018 to review the legal framework and point out any need for action. With the present consultation, the working group is giving the sector the opportunity to comment on the work carried out up to now and...
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Bermuda Introduces New ICO Regulations The Government of Bermuda has introduced new regulations on Initial Coin Offerings (ICOs), local news outlet the Royal Gazette reported on Friday. Speaking before the island’s House of Assembly, the Premier and Minister of Finance of Bermuda David Burt revealed that the new regulatory framework specifies the minimum required information...
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Finma ICO Guidelines News 16 February 2018 FINMA publishes ICO guidelines In guidelines published today, the Swiss Financial Market Supervisory Authority FINMA sets out how it intends to apply financial market legislation in handling enquiries from ICO organisers. The guidelines also define the information FINMA requires to deal with such enquiries and the principles upon...
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