• Moratorium on Equity Interest

    • CRA-15.1.11

      Founders and senior management of the digital token issuer must, in aggregate, own at least 50% equity holding in the digital token issuer, on the date of the issuance of the digital tokens.

      Added: April 2023

    • CRA-15.1.12

      Post issuance of the digital tokens, the founders and senior management of the digital token issuer are not entitled to sell or transfer their shareholding for a period of 1 year, starting from the date of the issuance of the digital tokens

      Added: April 2023