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Tag: Financial regulator
Swiss Financial Regulator Says ICO Tokens Will Count As Securities
Category: Business, Finance, News, Regulation
Financial Market Supervisory Authority (FINMA), the financial regulator in Switzerland, has published new guidelines indicating that it will start treating some tokens sold during Initial Coin Offerings (ICOs) as securities. FINMA issued a press release on February 16 saying that the move is aimed at addressing some of the questions raised about the regulations applicable to ICOs. These regulations indeed…
