Nick Cowan Comments Upon Japan’s New Guidelines On ICOs

Nick Cowan Comments Upon Japan’s New Guidelines On ICOs
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The recent announcement that Japan is moving closer to the legalisation of initial coin offerings (ICOs) represents a growing movement of opportunity within the crypto world.

Japan has laid out basic guidelines for further adoption of ICOs. These guidelines include rules for identifying investors, preventing money laundering, tracking progress of projects and protecting existing equity and debt holders.

In some regions, blockchain regulation has taken a turn towards the positive and this shows a unique opportunity for communities across borders to work together. Crypto-positive ecosystems can learn from each other on how to deal with this fast-changing, seemingly complex world of blockchain technology.

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Entities from Gibraltar and Japan are already establishing such relationships, one of the world’s leading cryptocurrency exchanges, QUOINE, a Japan based exchange, is already a strategic partner of the Gibraltar Blockchain Exchange (GBX).

The GBX aims to be one of the first licensed and regulated token sale platform and digital asset exchanges that is operated by a EU-regulated stock exchange for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality digital asset exchange. Through the GBX, Gibraltar has made significant first st