2023 will bring major changes for the industry. Or small steps – as the case may be. The companies themselves want more regulation, and politicians want to deliver.
“The KWG had included the term units of account since the late nineties. This had a completely different background, but was then used for Bitcoin. In the meantime, the law has been clarified accordingly.” Meanwhile, crypto token issuances, or ICOs, remain unregulated and are being reviewed on a case-by-case basis,” KPMG Law expert Marc Pussar told the Frankfurter Allgemeine Zeitung.
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