Sentences with phrase «local financial regulators introduce»

In his interview with CCTV translated by Box Mining, Bing explained that the suspension on ICOs and the government's declaration of ICOs as an illegal fundraising method are only temporary, until local financial regulators introduce necessary regulatory frameworks and policies for both ICO investors and projects.

Not exact matches

Bing holds the opinion that the ban shall be in place until regulatory policies and frameworks for both projects and ICO investors are introduced by local financial regulators which surely will serve as a bridge over troubled waters caused due to illegal money laundering and other associated activities which use ICO as a safe haven.

French financial markets regulator AMF (l'Autorité des marchés financiers) is reportedly preparing to introduce legislation on Initial Coin Offerings (ICO) to encourage the development of the new type of fundraising in the country, reports local news outlet Les Echos March 15.