Bloomberg: Japan plans to take the first step towards the legalization of ICO

According to Bloomberg News, Japan plans to take the first step towards the legalization of ICO. A research team commissioned by the government plans to establish basic guidelines for the ICO. These include identifying investor rules, preventing money laundering, tracking project progress, and protecting existing stock and bond investors. A draft of this policy will be submitted to the Japan Financial Services Agency for review later this month and will likely be legislated within a few years.

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