With a view to legalize its ICO market, a Japanese research group proposed guidelines for regulating this form of venture-capital fundraising.
The Financial Service Agency has cracked the whip on seven exchanges for failing to comply with anti-money laundering and security procedures.
As the regulatory frameworks around ICOs take shape, the countries with closed doors risk missing out on a technological revolution, says Oleg Poskotin, CEO at Cryptonomos.
A bright representative of Asian crypto market is reseeding the attitude towards ICOs as they may harm their domestic investors.
Regulatory bodies across the globe are tightening the noose over trading of cryptocurrencies or either raising of funds through Initial Coin Offerings (ICOs).