This seems to align with a global trend away from creating new digital currency rules to examining existing regulation. (hacked.com)
That is the reason why each week you see new ICOs being announced, which will ultimately release new digital currencies on the market. (bitsofproof.com)
During an ICO, companies aim to attract investors to back new digital currencies by releasing their own coins or tokens in exchange for cash or Bitcoin. (ibtimes.com)