Valor Economico presents the position of CVM about Niobium Foundation

Valor Economico presents the position of CVM about Niobium Foundation

On the morning of January 3, 2018 was published on the Valor Econômico an article called “Para CVM, moeda ‘niobium’ não é valor mobiliário”.

The article begins by saying that the Superintendence of Securities Registry (SRE) of the Securities and Exchange Commission (CVM) analyzed the initial currency offer (ICO) of Niobium Coin and understood that it was not a security , removing the competence of the CVM to authorize the issue.

The article goes explaining more about Bomesp and CVM’s position on cryptcoins.

To read the full article, click here.

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Article about Niobium on Yahoo! Finance

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