Iconiq Lab Token Sale Delayed As We Wait On Regulatory Approval From German Regulator, BaFin

We are currently in the final phase of the regulatory approval process with the German regulator, BaFin. In the light of the current situation, the Iconiq Lab team is delaying the pre and main sale dates.

We at Iconiq Lab are creating the first public BaFin approved ICO and wish to see the process through to the end. As stated by Iconiq Lab CEO Patrick Lowry, “Iconiq Lab holds itself to the highest quality, and as such cannot in good faith issue a token without final regulatory approval from, BaFin. We were just told today that we are still in the final phases of the regulatory review process, and as such, will have to postpone our presale. We understand this is disappointing for the community we have gathered who are as excited as we are for the launch of the ICNQ token, but we shall only issue a 100% legally compliant token.”

As such, the team has decided to postpone the token sale dates, keeping the best interests of its community in mind.

Thank you for your continued interest, support and patience. We will announce the new dates of our sale once we have the final feedback from BaFin.