Tag: BaFin

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Initial Coin Offerings (ICOs) under German law

Initial Coin Offerings (ICOs) under German law

By Hilger von Livonius and Philipp Riedl

The raising of funds for cryptocurrency projects (also called Initial Coin Offerings or ICOs) gain more and more market interest. Although there is no specific and coordinated regulatory framework applicable to ICOs, it is not something happening in a completely unregulated area.

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