International Regulations ‘Desirable’ for ICO
German Finance Regulator: International Regulations ‘Desirable’ for ICO
Germany’s financial regulator wants to see an international effort to regulate Initial Coin Offerings (ICO).
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Despite remaining uncertain whether they would ever become more than a “niche issue,” German business outlet Handelsblatt reported Sunday, Oct. 28.
In an interview with the publication, Felix Hufeld, chairman of Federal Financial Supervisory Authority (BaFin), said German regulatory sources remained hawkish on ICOs as a financial instrument.
Credits:https://cointelegraph.com/news/german-finance-regulator-international-regulations-desirable-for-icos
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