1 Amendments of Jakob von WEIZSÄCKER related to 2018/0048(COD)
Amendment 150 #
Proposal for a regulation
Recital 11 a (new)
Recital 11 a (new)
(11a) In relation to initial coin offerings (ICOs), the characteristics of such an instrument differ considerably from crowdfunding envisaged in this Regulation. ICOs usually do not use intermediaries, such as crowdfunding platforms, and often raise funds in excess of EUR 1 000 000. The inclusion of ICOs in this Regulation would not tackle the problems associated with ICOs holistically.