Pojęcie papieru wartościowego a tokeny cyfrowe

Dematerialisation of trading in securities has become an inseparable element technological development. A consequence this phenomenon is dematerialisation securities. Therefore, the question arises whether a digital token may be recognized as security. The above issue requires analysis concept security context national and EU regulations. It must emphasised that Polish Civil Code does not define For reason, many doubts concerning validity numerus clausus principle arose.