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Blockchain & ICO

ICO jurisdictions (Israel and Switzerland)

by Administrator, on Oct 5
On Wednesday, 3rd October, InnMind has conducted a webinar about Switzerland and Israel as jurisdictions to make an ICO.
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 On Wednesday, 3rd October, InnMind has conducted a webinar about Switzerland and Israel as jurisdictions to make an ICO. In the first part of the webinar the speakers gave an overview of the jurisdictions. PART 1 Switzerland was presented by the speaker from Walder Wyss. Key features of SWITZERLAND as an ICO jurisdiction: FINMA is Switzerland’s independent financial-markets regulator. FINMA guidelines do not aim to establish a uniform regulatory approach on ICOs. It is necessary to build a nice ICO project with the guidance of the FINMA and tax authorities. In its guidelines, FINMA has defined 3 types of tokens: payment, asset (security) and utility tokens. To find out more about FINMA’s classification: https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/ It is difficult to open a bank...

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