Swiss financial watchdog publishes ICO guidelines

The Swiss Financial Market Supervisory Authority (FINMA) has published guidelines on digital currency fundraisers under which it will regulate some ICOs, either under anti-money laundering laws or as securities.

FINMA says the guidelines “also define the information FINMA requires to deal with such enquiries and the principles upon which it will base its responses.” The guidelines provide “more clarity on the country’s stance toward the hot fundraising method in which Switzerland has become a global leader but whose regulators had not yet weighed in significantly.”

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View FINMA press release

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