DAO Coverages

Digix

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Digix Gold Token is a cryptocurrency launched by the DigixDAO in 2018. Unlike other cryptocurrencies, which are not backed up by fiat money or metals, the key feature of this coin is that its value is tied to gold. WACEO has identified potential issues related to DigixDAO’s operation under EU law, including risks of financial fraud, and the potential threat of being targeted by its main competitors, who have a steadier standing under EU competition law.

*Disclaimer: This coverage should not be considered legal, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine what the correct regulatory guidelines are.

DAO:

Digix

Website:

Date:

Watch the Live Coverage

youtube

Digix Gold Token is a cryptocurrency launched by the DigixDAO in 2018. Unlike other cryptocurrencies, which are not backed up by fiat money or metals, the key feature of this coin is that its value is tied to gold. WACEO has identified potential issues related to DigixDAO’s operation under EU law, including risks of financial fraud, and the potential threat of being targeted by its main competitors, who have a steadier standing under EU competition law.

*DISCLAIMER:
This coverage should not be considered legal, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine what the correct regulatory guidelines are.

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