German Regulator Advises Investors to “Keep Their Hands Off” ICOs

The president of BaFin, Germany’s financial watchdog, is supportive of a global regulatory framework for initial coin offerings (ICOs). Critical of cryptocurrency financial rounds, Felix Hufeld advises private investors to “keep their hands off such things”.
BaFin’s President Hufeld Supports International Standards for Cryptocurrencies and ICOs
German’s Federal Financial Supervisory Authority (BaFin), an independent institution under the wing of the Federal Ministry