Switzerland: The Finma
Starting point of the Monetum project is Fenice Holding SA, a Swiss corporation existing since 2016. Fenice Holding SA (“Company”) will perform an ICO by issuing Monetum Coins. Switzerland was selected as the jurisdiction of choice for the ICO due to the abundance of resources with significant experience, from a legal and regulatory perspective, as well as for the overall positive and open attitude towards blockchain based projects and specifically ICO’s. In this environment, the Company made sure to get a regulatory assessment prior to raise funds, in order.