The Slovenian Securities Market Agency is not happy about Iconomi. They released a statment that they do not have the proper licence and are not regulated and that they fall under the category of alternative investment fund.
Link (In Slovene):
http://www.a-tvp.si/Default.aspx?id=151&key=595This isn't going to stop investors from investing. This is like when Bitcoin was classified as an asset by the IRS lol. If anything, seems like a good sign if securities agencies are recognizing this crypto project.
Its also Slovenia... not the big dick IRS. Doubt anyone really cares
Anyone speak Slovenian who can give a good translation? Meaning of sentences is often lost in google translation.
ATVP explains that according to European legislation in the EU and the Republic of Slovenia can be managed (alternative) investment fund only the management company and manager of alternative investment funds, which have for the appropriate licenses and are subject to supervision by the regulator.