Initial Coin Offerings (ICOs) are currently one of the most fashionable topics in the area of financial markets. For token issuers, they are a success story. By the end of 2018 nearly $ 30 billion dollars have been raised in ICOs. From the investors' perspective, however, things do not look so...

Virtual currencies pose a serious threat to be used for money laundering, weakening the European Union's financial system. Directive (EU) 2018/843 (the fifth anti-money laundering Directive) intends to mitigate these risks by introducing a definition of virtual currencies within Union law. Some...

Initial Coin Offerings (ICOs) are still one of the most fashionable topics in the area of financial markets. For token issuers, they are a continuing to be a success story. In 2019 alone, more than $ 3,3 billion USD have been raised in ICOs. From the investors’ perspective, however, things do...

Purpose: Money Laundering Reporting Officers (MLROs) carry out day-to-day anti-money laundering (AML) tasks while directors ultimately remain responsible for AML compliance. Therefore, directors’ expectations of what their MLROs do should ideally coincide with what their actual tasks to...

Purpose Anti-money laundering (AML) obligations follow a risk-based approach, making their extent subject to the degree of AML risk. Money Laundering Reporting Officers (MLROs) must constantly assess risks, for example, by conducting annual risk assessments of the company. The purpose of this...

Initial Coin Offerings (ICOs) are currently the hottest topic in the financial markets. They typically use blockchain technology to offer so-called ‘tokens' that can confer various rights. Experts estimate that the amount of money raised via ICOs will reach US$ 20 billion by the end of 2018....

Der 29. Juni 2023 ist ein historischer Moment für die Regulierung von Bitcoin, Stablecoins und anderen Kryptowerten, denn zu diesem Datum ist die EU-Verordnung über Märkte für Kryptowerte (MiCAR) in Kraft getreten. Ab 30. Dezember 2024 werden alle Regeln anwendbar sein.Die MiCAR schafft das...