Digital token offerings are becoming more common. For countries to maximise these assets or to introduce them into their own economy, there needs to be good structure and effective regulations. This research from the Monetary Authority of Singapore offers a guide to digital token offerings and resolves many issues around compliance.

This covers everything from what a digital token offering is, right through to guidance on who is authorised to offer any financial advice surrounding the product. There are a number of clarifications made about the application of security laws on offers or issues of digital tokens and the scenarios in which individuals can make an offer on such a token.

The report also addresses concerns around money laundering and financing for terrorism. It identifies what businesses and individuals should do if they spot anything suspicious. This includes reporting any suspicious transactions to the dedicated office.

Download this paper to look at different case studies of companies planning and setting up digital token offerings, how they sought professional and legal advice, and how they ultimately achieved compliance.