At the European Parliament, the suggestion of rapporteur Ashley Fox (ECR, UK) to regulate initial coin offerings through the proposed regulation aiming to facilitate crowdfunding received a mixed welcome at the committee on economic and monetary affairs (ECON) on Wednesday 29 August.
In his report, he proposed to regulate certain initial coin offerings (ICO), in other words raising funds in crypto-currency (see EUROPE 12079). Excluded from the scope of application of the regulation, on the...