Japan’s Financial Services Agency is expected to take up proposals to establish guidelines for initial coin offerings (ICOs) later this month, Bloomberg reports. The proposals come from a government-backed study group, which has laid out basic guidelines for the adoption of ICOs. They include rules for identifying investors, preventing money laundering and tracking the progress of projects. After the FSA begins considering the guidelines, it could take a few years for them to become law, according to Bloomberg. Read more here.


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