European Financial Watchdog ESMA Warns ICO Investors, Companies

Announcements, ICO News, News, Regulation | November 14, 2017 By:

The European Securities and Markets Authority (ESMA), EU’s financial regulatory institution and European supervisory authority, is the latest financial regulator to issue a warning on initial coin offerings (ICO).

ESMA has released two statements, one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs.

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Germany’s BaFin Warns Public Against ICO Risks

Announcements, Blockchain, ICO News, News, Regulation | November 10, 2017 By:

The Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, has warned investors of the risks associated with initial coin offerings (ICO). BaFin is the latest regulatory authority to comment on the ramifications of ICOs.

BaFin stated that ICOs are a highly speculative form of investment and that the acquisition of tokens as part of ICOs may result in substantial risks for investors.

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