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Brazil Securities Regulator Targets Crypto Exchange Mercado Bitcoin On Token Issuance
Summary: According to CoinDesk Brazil, the Brazilian Securities and Exchange Commission (CVM) has requested that crypto exchange Mercado Bitcoin provide it with information on fixed-income tokens the exchange has issued over the past two years. The CVM wants to know the amount the exchange raised through the tokens as well as a list of investors who ...
According to CoinDesk Brazil, the Brazilian Securities and Exchange Commission (CVM) has requested that crypto exchange Mercado Bitcoin provide it with information on fixed-income tokens the exchange has issued over the past two years.
The CVM wants to know the amount the exchange raised through the tokens as well as a list of investors who participated.
Mercado Bitcoin said in a statement that it didn’t hold offerings of securities outside of its authorized scope.
The CVM plans to release a guide advising companies to consult with the CVM before issuing any token that may be considered a security.
Author: Katie Lin
Tags: CVM,fixed-income,Mercado Bitcoin
Link: Brazil Securities Regulator Targets Crypto Exchange Mercado Bitcoin On Token Issuance [Copy]
