Breaking: Swiss Regulator Takes European Lead to Regulate ICOs
Posted: Thu Feb 15, 2018 2:36 pm
Switzerland appears to have the most proactive financial regulator in Europe (who would have thought!). The Swiss Financial Market Supervisory Authority FINMA has published its guidelines that set out how the institution intends to apply financial market legislation in handling enquiries from ICO organisers.
Companies can also find the information that they need in order to get FINMA’s blessing when announcing an ICO. The main takeaway is that the Swiss supervisory authority will be looking at the matter on a case by case basis, with existing legislative frameworks applied on different occasions.
Commenting on the initiative, the CEO of CoinMetro, Kevin Murcko, said: ... (read more)