ICO in Serbia in 2021 according to the Law on Digital Assets

ICO — how it all started

ICO (Initial Coin Offering) is a term that originated in practice, linguistically imitating an IPO or Initial Public Offering — an institute of public offering of shares (i.e. a process that is regulated by law and subject to strict legislative procedures and rules). Instead of offering shares, the issuers of the tokens offered their tokens for sale (usually registered on a blockchain), which they stated give investors certain rights or bring in certain earnings.

The first ICO took place in 2013, and…

Željka Motika

Attorney at law in MOTIKA Law Office, Belgrade, Serbia. Focused on legal issues surrounding emerging technologies.

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