Tagged: bafin

Neufund CEO Zoe Adamovicz Provides Additional Insight into Blockchain based Equity Token Offering Platform

Last week, Neufund, a blockchain based platform for the issuance of security tokens, announced the very first  companies were preparing to tokenize their equity using their service. These “equity token offerings” or “ETOs”, as referenced by Neufund, were said to be compliant within German securities… Read More

BAFIN asks: “Was ist Hype und was Bleibt?” – Addressing Blockchain, Bitcoin & Cryptocurrency in General

In a speech delivered by the President of BAFIN Felix Hufeld, Germany’s Federal Financial Supervisory Authority, addressed the topic of blockchain, Bitcoin and cryptocurrency in general. According to BAFIN’s President, blockchain is a very promising technology. But when it comes to crypto, well not so… Read More

German Financial Regulator BAFIN Publishes Note on ICOs as Financial Instruments

Germany’s BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), or the Federal Financial Supervisory Authority, is the largest financial supervisory authority in continetal Europe. Today, BaFin has published a note on initial coin offerings (ICOs). BaFin joins a growing number of national regulatory agencies that have published some degree of clarifications… Read More

So What is Going on with IOTA? A Discussion with Dominik Schiener, IOTA Co-Founder

The IOTA Foundation is one of the more fascinating entries into the cryptocurrency world. A high profile concept that has encountered controversy almost from the beginning, the German based company has made big promises while being pin-balled around by criticism and plaudits alike. IOTA has… Read More

Germany Cautions on ICOs as BAFIN Says Offers are Attracting Fraudsters

Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), has published a consumer warning today on Initial Coin Offerings (ICOs). BaFin said the purchase of cryptocurrency coins or tokens may result in substantial risks for investors calling them highly speculative. The agency said the high… Read More

Narrow Escape for German Real Estate Crowdfunding, Green Crowdinvesting Now in Legislator’s Crosshairs

    After multiple formal and informal discussions with representatives of the crowdfunding sector, consumer associations and the German financial establishment, the Financial Committee of the German Parliament has drawn its conclusions from the review of one year of operation under the German crowdfunding regulation,… Read More

German Crowdfunding Association Urges Regulator Not to Exclude Real Estate from Crowdfunding Regulation

Since the beginning of this year, the German government has undertaken a review of the crowdinvesting regulation introduced in July 2015. It has now officially released its conclusions and is proposing several changes to the existing law, including a most controversial exclusion of real estate… Read More

Digital Only Bank Number26 Receives Banking License from BaFin & ECB

One day, in the not so distant future, taking trips to the local bank branch will be a thing of the past. No more queuing up to be scowled at while swiping a plastic card. Yes, I know. My parents and your parents cannot imagine… Read More