针对我国社会主要矛盾发生变化qKhy国际环境发生重大改变，紧密结Ut6T新的历史条件下的新探索新实践3bJp党的十八大以来，以习近平同志Qtx1核心的党中央提出一系列新理念U8H2思想新战略，以属于我们这个时O9op的“新语言”书写科学社会主义sgI4“新版本”G4Kk

FinancialmarketlawandregulationarenotapplicabletoallICOs.DependingonthemannerinwhichICOsaredesigned,theymaynotinallcasesbesubjecttoregulatoryrequirements.Circumstancesmustbeconsideredonacase-by-casebasis.AssetoutinFINMAGuidance04/2017,thereareseveralareasinwhichICOsarepotentiallyimpactedbyfinancialmarketregulation.Atpresent,thereisnoICO-specificregulation,noristhererelevantcaselaworconsistentlegaldoctrine.