In his draft report published on Friday 10 August, the rapporteur of the European Parliament, Ashley Fox (ECR, UK), proposed taking the opportunity of the proposed regulation on crowdfunding to legislate on initial coin offerings.
Readers may recall that the proposed regulation, which was tabled by the Commission in March (see EUROPE 11977), provides for a European passport to allow crowdfunding platforms to opt to apply to provide their services throughout Europe, with the prior...