to detect and prevent money laundering and terrorist financing (including KYC) set out in the Slovenian Prevention of Money Laundering and Terrorist Financing Act. The measures also have to be implemented by the entity which manages virtual currencies.
Additional comments regarding (i) the legal situation for ICOs/token/coins and (ii) any following transfer of token/coins to third parties
A Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based on distributed ledger technology has been proposed by European Commission with which issuance and admission to trading of crypto assets will be regulated in the EU. It is expected that the relevant regulation will be adopted in 2022, whereas it is not entirely clear how long the transposition into national legal regimes will take.
Economic conditions
Market size for ICOs/token sales and existence of any previous regulated ICO/token sales in the jurisdiction
No official data on revenues, transactions, and customers is available. There have been no regulated ICO/token sales in Slovenia.
Additional comments regarding the economic situation for ICOs/token sales or what companies must be aware of in this business area
N/A.