FINMA Publishes ICO Guidelines In Switzerland

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Swiss Financial Market Supervisory Authority FINMA published guidelines which sets out how to treat enquiries from ICO organisers. FINMA will focus on the economic function and purpose of the tokens issued by the ICO organiser. The key factors are the underlying purpose of the tokens and whether they are already tradeable or transferable. The guidelines also includes some criteria for ICOs as well as information for investors and etc.

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