Germany’s BaFin Takes Aim at ICOs, Warns Public Against Investment Risks

[kreslik.news]

Initial coin offerings (ICOs) have continued to see a growing emphasis amongst regulators globally. German’s Federal Financial Supervisory Authority (BaFin) has become the latest European authority to join this camp, warning investors on the risks associated with ICOs.

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One of the largest trends of 2017 has been the rapid evolution and growth of ICOs and more specifically their penetration across global markets. While still accounting for far less funding than traditional mechanisms such as initial public offerings (IPOs), ICOs have nonetheless exploded in popularity.

Many global regulators, namely in Asia, have ... (read more)