Crypto custody business does not only include the custody, but also the administration of crypto assets. What exactly are the requirements that BaFin places on this variation of the crypto custody business which is subject to authorization and can it be fulfilled by delegating DPoS-coins?
It is of utmost importance for issuers of security tokens to know when they are legally allowed to start marketing their token sale. The European Prospectus Regulation and the German Security Prospectus Act allow marketing activities prior to the approval of the prospectus as long as certain obligations for the protection of investors are observed.
China is the first nation that issued a digital version of its national currency. Will the Crypto Renminbi play a role in business transactions between Chinese and western companies and what is actually known about the crypto version of China’s Renminbi?
Many businesses dread the role of the pioneer when it comes to the tokenization of investment products and rather stick to tokenized participation rights even though other financial instruments might be better suited for their individual projects. Is that really necessary?
BaFin just published its “Guidelines on application for authorization for crypto custody business” shortly after the deadline for the so-called grandfathering option for crypto custodians expired. A summary:
In face of the COVID-19 pandemic, the German legislator quickly created the legal foundation to hold the annual shareholder meetings of German stock companies and conduct the voting within these meetings in a digital fashion. Is this the accelerator for the digitalization of the German corporate law?