{"id":4200,"date":"2022-06-02T04:15:20","date_gmt":"2022-06-02T11:15:20","guid":{"rendered":"https:\/\/bitcoinwisdom.com\/?p=4200"},"modified":"2022-06-02T04:20:57","modified_gmt":"2022-06-02T11:20:57","slug":"germanys-crypto-securities-guidance-nears-deadline","status":"publish","type":"post","link":"https:\/\/bitcoinwisdom.com\/tr\/germanys-crypto-securities-guidance-nears-deadline\/","title":{"rendered":"Almanya&#039;n\u0131n Kripto Menkul K\u0131ymetler Rehberi Son Tarihe Yakla\u015ft\u0131"},"content":{"rendered":"<p>Yar\u0131\u015f uymak i\u00e7in devam ediyor <a href=\"https:\/\/finance.yahoo.com\/news\/germany-issues-crypto-securities-guidance-180143184.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAMdoO6D22iuRkdA_nzTB_3OmMUJveSnBnoQ0H6rNUxHMgUe5Z3z70ri2pCFodfIoryZ-Jx2BJWXIgHyqUkW2uyWcfZQDyWhaW7L6XAEPX-Vyi46V_fJN5-pRpsN4hpdZ2u-l1Hvw6JalSdmUkzHWmNA4EbE1LwTXmVoCKWEPtHdi\" class=\"ek-link\" rel=\"nofollow noopener\" target=\"_blank\">Almanya&#039;n\u0131n kripto menkul k\u0131ymetler hakk\u0131nda yeni yay\u0131nlanan k\u0131lavuzu<\/a> 10 Haziran 2022 tarihine kadar. Federal Finansal Denetleme Kurumu (BaFin) taraf\u0131ndan yay\u0131nlanan belge, menkul k\u0131ymetler olarak nitelendirilen dijital varl\u0131klar\u0131n Alman yasalar\u0131na g\u00f6re nas\u0131l ele al\u0131nmas\u0131 gerekti\u011fini a\u00e7\u0131kl\u0131yor.<\/p>\n\n\n\n<p>Varl\u0131k y\u00f6neticileri ve di\u011fer finans kurulu\u015flar\u0131, ge\u00e7en y\u0131l y\u00fcr\u00fcrl\u00fc\u011fe giren Avrupa Birli\u011fi&#039;nin Kripto Varl\u0131klar D\u00fczenlemesinde (MiCA) Piyasalar&#039;a uyum sa\u011flamakta zorlan\u0131yor. D\u00fczenleme, yeni bir \u201ckripto varl\u0131klar\u0131\u201d kategorisi yaratt\u0131 ve bunlar\u0131n g\u00f6zetimi, ticareti ve reklam\u0131 ile ilgili kurallar olu\u015fturdu. Ancak, menkul k\u0131ymet olarak nitelendirilen dijital varl\u0131klar\u0131n BaFin&#039;e kaydedilmesi gerekip gerekmedi\u011fi de dahil olmak \u00fczere bir\u00e7ok \u00f6nemli soruyu yan\u0131ts\u0131z b\u0131rakt\u0131.<\/p>\n\n\n\n<p>Yeni k\u0131lavuz, bu konuda \u00e7ok ihtiya\u00e7 duyulan baz\u0131 netli\u011fi sa\u011fl\u0131yor. Kripto menkul k\u0131ymetler ihra\u00e7 etmek veya ticaretini yapmak isteyen herhangi bir kurulu\u015fun BaFin&#039;den \u00f6nceden onay almas\u0131 gerekti\u011fini belirtir. Buna \u0130lk Para Teklifleri (ICO&#039;lar) ve g\u00fcvenlik belirteci teklifleri (STO&#039;lar) dahildir.<\/p>\n\n\n\n<p>Y\u00f6nergeler ayr\u0131ca kripto menkul k\u0131ymetlerin saklanmas\u0131 ve muhafazas\u0131 i\u00e7in \u00f6zel gereksinimler ortaya koymaktad\u0131r. \u00c7ok imzal\u0131 c\u00fczdanlar veya nitelikli emanet\u00e7iler gibi &quot;sa\u011flam g\u00fcvenlik&quot; sa\u011flayacak \u015fekilde saklanmal\u0131d\u0131rlar. Ve iflas durumunda yat\u0131r\u0131mc\u0131lar\u0131 korumak i\u00e7in genel \u015firket fonlar\u0131ndan ayr\u0131lmal\u0131d\u0131rlar.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>K\u0131lavuz belgesi, jetonlar\u0131 \u00fc\u00e7 kategoriye ay\u0131r\u0131r:<\/strong><\/h2>\n\n\n\n<ul class=\"is-style-default wp-block-list\"><li><strong>\u00d6deme Jetonlar\u0131:<\/strong> Yaln\u0131zca \u00f6deme arac\u0131 olarak kullan\u0131lan ve herhangi bir m\u00fclkiyet hakk\u0131n\u0131 veya yetkilendirmeyi temsil etmeyen jetonlar.<\/li><li><strong>Yard\u0131mc\u0131 Jetonlar:<\/strong> Belirli bir \u00fcr\u00fcn veya hizmeti kullanma hakk\u0131n\u0131 temsil eden jetonlar.<\/li><li><strong>G\u00fcvenlik Simgeleri:<\/strong> Bir \u015firkette veya di\u011fer dayanak varl\u0131klarda m\u00fclkiyeti veya bor\u00e7 pay\u0131n\u0131 temsil eden jetonlar.<\/li><\/ul>\n\n\n\n<p>BaFin, menkul k\u0131ymet token ticareti s\u00f6z konusu oldu\u011funda, borsalar\u0131n ajansa kay\u0131tl\u0131 olmas\u0131 ve m\u00fc\u015fteri fonlar\u0131n\u0131n korunmas\u0131 da dahil olmak \u00fczere belirli gereksinimleri kar\u015f\u0131lamas\u0131 gerekti\u011fini a\u00e7\u0131klad\u0131.<\/p>\n\n\n\n<p>Bu d\u00fczenlemelere uyum, Almanya&#039;n\u0131n geli\u015fen kripto pazar\u0131nda i\u015f yapmak isteyen herkes i\u00e7in \u00e7ok \u00f6nemli olacak. 10 Haziran 2022 tarihine kadar uymayanlar, a\u011f\u0131r para cezalar\u0131 ve hatta hapis cezas\u0131 da dahil olmak \u00fczere ciddi cezalarla kar\u015f\u0131 kar\u015f\u0131ya kalabilirler.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>Saklay\u0131c\u0131lar i\u00e7in Almanya Kripto Menkul K\u0131ymetler Rehberi<\/strong><\/h2>\n\n\n\n<p>Almanya&#039;daki kripto emanet\u00e7ileri, \u00fclkenin finansal g\u00f6zlemcisi taraf\u0131ndan yap\u0131lan rehberli\u011fin yay\u0131nlanmas\u0131n\u0131n ard\u0131ndan art\u0131k kar\u015f\u0131lamalar\u0131 gereken d\u00fczenleyici gereklilikler konusunda daha fazla netli\u011fe sahipler.<\/p>\n\n\n\n<p>Bundesanstalt f\u00fcr Finanzdienstleistungsaufsicht (BaFin) taraf\u0131ndan yay\u0131nlanan belge, kripto para birimlerini \u201chesap birimleri\u201d ve \u201cfinansal ara\u00e7lar\u201d olarak s\u0131n\u0131fland\u0131r\u0131yor ve bunlar\u0131 mevcut menkul k\u0131ymetler d\u00fczenlemelerine tabi tutuyor.<\/p>\n\n\n\n<p>BaFin, bu nedenle, kripto koruyucular\u0131n\u0131n kara para aklama ve ter\u00f6rizmin finansman\u0131na kar\u015f\u0131 m\u00fccadele ile ilgili kurallara uymas\u0131 gerekti\u011fini s\u00f6yledi. Ayr\u0131ca, m\u00fc\u015fteri varl\u0131klar\u0131n\u0131 profesyonel bir temelde ellerinde bulunduruyorlarsa, yani saklama hizmetleri sa\u011flamak i\u015f modellerinin temel bir par\u00e7as\u0131n\u0131 olu\u015fturuyorsa, sermaye gereksinimlerine tabi olacaklard\u0131r.<\/p>\n\n\n\n<p>Bu, d\u00fczenleyici ortamda daha fazla netlik arayan Alman kripto end\u00fcstrisi i\u00e7in ho\u015f bir haber. Yeni k\u0131lavuz, bu alanda faaliyet g\u00f6steren i\u015fletmeler i\u00e7in \u00e7ok ihtiya\u00e7 duyulan kesinli\u011fi sa\u011fl\u0131yor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Borsalar i\u00e7in Almanya Kripto Menkul K\u0131ymetler Rehberi<\/strong><\/h2>\n\n\n\n<p>Kripto menkul k\u0131ymetler k\u0131lavuzu, BaFin&#039;in dijital varl\u0131k borsalar\u0131n\u0131 finansal hizmet sa\u011flay\u0131c\u0131lar\u0131 olarak g\u00f6rd\u00fc\u011f\u00fcn\u00fc ve dolay\u0131s\u0131yla Bankac\u0131l\u0131k Yasas\u0131, Menkul K\u0131ymetler Ticareti Yasas\u0131 ve \u00d6deme Hizmetleri Denetleme Yasas\u0131 kapsam\u0131ndaki d\u00fczenlemelere tabi oldu\u011funu a\u00e7\u0131kl\u0131\u011fa kavu\u015fturuyor.<\/p>\n\n\n\n<p>BaFin&#039;e g\u00f6re, kripto para borsalar\u0131n\u0131n Almanya&#039;da faaliyet g\u00f6sterebilmesi i\u00e7in d\u00fczenleyiciden bir lisans almas\u0131 gerekiyor. Ek olarak, borsalar bir dizi ba\u015fka gereksinime uymal\u0131d\u0131r.<\/p>\n\n\n\n<p>K\u0131lavuz belgesinin ana noktalar\u0131 a\u015fa\u011f\u0131daki gibidir:<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>Borsalar BaFin&#039;e kay\u0131tl\u0131 olmal\u0131d\u0131r.<\/li><li>Borsalar, BaFin&#039;in kara para aklamay\u0131 \u00f6nleme (AML) gerekliliklerine uymal\u0131d\u0131r.<\/li><li>Borsalar, BaFin&#039;in menkul k\u0131ymet al\u0131m sat\u0131m gerekliliklerine uygun olmal\u0131d\u0131r.<\/li><li>Borsalar, m\u00fc\u015fterilerinin yeterince korunmas\u0131n\u0131 sa\u011flamal\u0131d\u0131r.<\/li><li>Borsalar, \u015fartlar\u0131n\u0131 ve ko\u015fullar\u0131n\u0131 m\u00fc\u015fterilerine a\u00e7\u0131klamal\u0131d\u0131r.<\/li><li>Borsalar, piyasa suistimalini \u00f6nlemek i\u00e7in \u00f6nlemler almal\u0131d\u0131r.<\/li><li>Borsalar, sistemlerinin g\u00fcvenli oldu\u011fundan emin olmal\u0131d\u0131r.<\/li><li>Borsalar d\u00fczenli risk de\u011ferlendirmeleri yapmal\u0131d\u0131r.<\/li><li>Borsalar herhangi bir \u015f\u00fcpheli faaliyeti BaFin&#039;e bildirmelidir.<\/li><\/ol>\n\n\n\n<p>BaFin, kripto varl\u0131klar\u0131n\u0131n Alman Menkul K\u0131ymetler Ticaret Yasas\u0131 (Wertpapierhandelsgesetz, WpHG) anlam\u0131nda finansal ara\u00e7lar oldu\u011funu onaylar. Bu, kripto varl\u0131klar\u0131n\u0131n teklif ve sat\u0131\u015f\u0131n\u0131n ve bunlar\u0131n ticaretinin WpHG&#039;ye tabi oldu\u011fu anlam\u0131na gelir.<\/p>\n\n\n\n<p>Kripto varl\u0131klar\u0131, di\u011fer finansal ara\u00e7larla ayn\u0131 d\u00fczenleyici gerekliliklere tabidir. Bu, \u00f6zellikle, borsalar\u0131n MiFID II Direktifi (Finansal Ara\u00e7lardaki Piyasalar Direktifi II, izahname ve \u015feffafl\u0131k kurallar\u0131 dahil) gerekliliklerine uymas\u0131 gerekti\u011fi anlam\u0131na gelir.<\/p>\n\n\n\n<p>BaFin ayr\u0131ca ilk madeni para tekliflerinin (ICO&#039;lar) WpHG&#039;ye tabi oldu\u011funu onaylar. Bu, ICO&#039;lar\u0131n izahname ve \u015feffafl\u0131k kurallar\u0131na uymas\u0131 gerekti\u011fi ve belirte\u00e7lerin menkul k\u0131ymet olarak de\u011ferlendirilebilece\u011fi anlam\u0131na gelir.<\/p>","protected":false},"excerpt":{"rendered":"<p>Yar\u0131\u015f, 10 Haziran 2022 son tarihinden \u00f6nce Almanya&#039;n\u0131n yeni yay\u0131nlanan kripto menkul k\u0131ymetleri k\u0131lavuzuna uymak i\u00e7in devam ediyor. Federal Mali Denetleme Kurumu (BaFin) taraf\u0131ndan yay\u0131nlanan belge, menkul k\u0131ymet olarak nitelendirilen dijital varl\u0131klar\u0131n Alman yasalar\u0131na g\u00f6re nas\u0131l ele al\u0131nmas\u0131 gerekti\u011fini a\u00e7\u0131kl\u0131yor. Varl\u0131k y\u00f6neticileri ve di\u011fer finansal kurumlar buna uymak i\u00e7in m\u00fccadele ediyor [\u2026]<\/p>","protected":false},"author":13,"featured_media":4201,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":3,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_uag_custom_page_level_css":"","footnotes":""},"categories":[189,190,186,192,191],"tags":[175,135,172,228,394,266,131],"class_list":["post-4200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-blockchain-news","category-ethereum-news","category-ico-news","category-industry-talk","tag-binance","tag-blockchain","tag-crypto","tag-ethereum","tag-europe","tag-germany","tag-nft"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m.jpg",800,600,false],"thumbnail":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m-500x330.jpg",500,330,true],"medium":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m-300x225.jpg",300,225,true],"medium_large":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m-768x576.jpg",640,480,true],"large":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m.jpg",640,480,false],"1536x1536":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m.jpg",800,600,false],"2048x2048":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m.jpg",800,600,false],"trp-custom-language-flag":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/06\/m.jpg",16,12,false]},"uagb_author_info":{"display_name":"Barinem Pene","author_link":"https:\/\/bitcoinwisdom.com\/tr\/author\/barinem\/"},"uagb_comment_info":0,"uagb_excerpt":"The race is on to comply with Germany&#8217;s newly issued guidance on crypto securities before the June 10, 2022 deadline. The document, published by the Federal Financial Supervisory Authority (BaFin), clarifies how digital assets that qualify as securities must be treated under German law. Asset managers and other financial institutions have been struggling to comply&hellip;","_links":{"self":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/posts\/4200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/comments?post=4200"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/posts\/4200\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/media\/4201"}],"wp:attachment":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/media?parent=4200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/categories?post=4200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/tags?post=4200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}