Only recently, the German Federal Ministry of Finance, together with the Federal Ministry of Justice and Consumer Protection, published a key issues paper on the regulatory treatment of Digital Securities and Security Tokens while ensuring investor protection. The Blockchain Bundesverband Germany

Issuers, as well as buyers of security tokens (STO's), must follow certain rules and regulations and many things have to be considered. For example, it must be possible to determine who the rightful owner is and who can be contacted