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Public Serbia, Metaverse 2 Countries Author: Kristina Dosen
The Republic of Serbia is among the first countries in the world to create a regulatory framework for digital property, thanks to the adoption of the Law on Digital Property which provides a clear framework and legal certainty for investors and digital property users. Supervision over the application of this law is entrusted to the National Bank of Serbia and the Securities Commission, given that the law recognizes two types of digital assets: virtual currencies and digital tokens.
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Fiscal subject related

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Content accuracy validation date: 14.06.2022
Content accuracy validation time: 12:30h

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In that regard, The Securities Commission of the Republic of Serbia has approved the publication of a white paper for the initial offer of 35.250,00 tokens, with a nominal value of 1.000,00 dinars, and a total initial bid of 35.250.000,00 dinars to the company Finspot d.o.o. Belgrade. By approving this white paper, Serbia has gotten its first digital token called the Finspot factoring token, or FIN for short.Finspot factoring token entitles the holder to invest in one or more offered investment indices (four indices in total) that are part of Finspot's portfolio.

After the approval of the Commission, the issuer will publish a white paper on its website no later than the beginning of the initial offer of digital tokens. The initial offer for registration and payment of FINs will last 14 days from the date of publication of the beginning of their initial offer on the website www.finspot.rs.