Business Apr 5, 2018

Japan unveils proposals for controls on Initial Coin Offerings

Japan is moving toward legalizing initial coin offerings, even as countries such as China and the U.S. restrict the fundraising method because of the risks it presents for investors. A government-backed study group laid out basic guidelines for further adoption of ICOs, including rules for ...

Unregulated ICOs threaten funding source for startups

Business Mar 29, 2018

Unregulated ICOs threaten funding source for startups

by Kazuaki Nagata

The rising cryptocurrency boom has sparked a fundraising scheme called initial coin offerings that have become a money-pumping machine for startups but also have a problematic reputation. Masahiro Yasu, 29, chief executive officer of Tokyo-based startup Alis Co., experienced the power of the ICO when ...