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New Regulator Warnings About Initial Coin offerings For 2018

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ICO has become an incredibly popular phenomenon that is taking the word by storm in the last few months. There are now many new companies launching their initial coin offering and it’s obvious that so much movement is gaining the attention of a large number of regulatory entities all over the world. We are yet to see how things are going to evolve, but we can already see a tendency to keep things in order and there is evidence on how things will evolve.  Not long ago, China made the news when they decided to prohibit the ICOs, shortly after they began to gain momentum. The decision of the Chinese government was the one thing that set other regulatory movements in action and this is a growing concern in the cryptocurrency world.  The Financial Services Agency of Japan issued a statement that goes into details about the risks involved with ICOs. In his statement, the regulator was quick to warn that these coins can lose value in a heartbeat and this can easily leave a bunch