Here’s what German regulator, BaFin suggested for NFTs

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Here’s what German regulator, BaFin suggested for NFTs

BaFin is not yet ready to classify NFTs as securities and advises doing so on a case-by-case basis. BaFin does not expect NFTs to comply with the Payment Services Supervision Act’s license requirements. Nonfungible tokens (NFTs) are not yet eligible to be classified as securities by the German Federal Financial Supervisory Authority (BaFin). The organization […]

Original source: AMB Crypto