Progress
Current status
adopted
08 Mar 2023adopted
Scope
Implementers
Germany
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Published BaFin explanatory note on financial classification of non-fungible tokens
On 8 March 2023, the German Federal Financial Supervisory Authority (BaFin) released a statement regarding the financial classification of non-fungible tokens (NFTs). In particular, BaFin stated that the classification of NFTs as crypto assets or in…
Event typeoutline
Action typeadoption
Government branchexecutive
Government bodyother regulatory body