Is there a legal right of revocation in Security Token Offerings? What must be observed by issuers and providers in this context and what may be the legal consequences in case of unfulfilled obligations?
Since the introduction of the eWPG in Germany, businesses have the option to issue crypto securities. At the same time, the issuance of security tokens remains possible. How do the two variants differ from each other?
Security information sheets for the offering of digital securities are intended to comprise up to four and not only three pages in the future. Anyhow, the additional space will have to be filled with additional required information.
The German legislator intends to also extend the crypto custody business with the introduction of crypto securities. What does crypto custody business consist of in the future, what will be permitted and what will be prohibited?
While the custody of traditional securities always requires a depository bank, security tokens can be taken into custody by crypto custody service providers or they can even be held in custody by the investor himself. What are the advantages of digital custody?
The new legislative draft for the introduction of electronic securities differentiates between electronic securities and crypto securities. What will be the differences between these two forms of digital securities?
The implementation of an acceptance feature in a security token ensures that the token and the associated investor rights can be transferred to the purchaser on the secondary market. How exactly does the acceptance feature work and why is it so important for over-the-counter trading of security tokens?
The Capital Markets Union removes obstacles within the European capital markets. STO issuers can freely chose the country in which they want their security prospectus to be approved. But which supervisory authority is the best choice and what are the criteria to be considered for the selection?