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Switzerland puts a hand over supervising ICOs

...uct for its purchaser. Considering this, FINMA, classifies both, utility and access tokens, as securities. This implies that the requirements for them are stricter than for payment tokens. However, the authority still controls all three types. the european financial regulators community still does not have a unified position about cryptocurrencies, blockchain and ICO. For the time being, Swi...

Path: Blog