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Initial Coin Offering: FINMA non-action letter for crypto art service firm obtained
With the support of our lawyers a Zug based company engaging in the digitalizing of art obtained a non-action letter from FINMA in connection with an Initial Coin Offering (ICO). The tokens to be issued provide rights to use a software to create digital copies of 2- and 3-dimensional objects by using standard cell phone cameras and to transfer ownership rights on digital assets on the blockchain.
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