Japanese FSA Warns Foreign Non-licensed ICO

The Japanese financial regulator will be issuing its first warning since the legalization of cryptocurrencies as a method of payment in Japan
12 February 2018   342

The Financial Services Agency of Japan (FSA) requires the ICO platform Blockchain Laboratory from Macau to stop working in the Japanese market. Earlier, the regulator warned the company about the need to obtain a license, but the requirements were ignored. This is reported by Asia Nikkei.

If the regulator's requirements are not met, the FSA intends to initiate a criminal case against the Blockchain Laboratory in cooperation with the police and the Consumer Agency.

Blockchain Laboratory is based in Macau and operates as an initial coin offering agency to raise funds using cryptocurrencies. 

The company’s activities are cryptocurrency and ICO consulting services and conducting seminars to attract investors.

The FSA has advised the company to “halt its business activities in Japan, without success”. According to the officials of the agency, the FSA “will warn the company directly, and name it on the FSA’s home page.” If the operator still fails to comply, criminal charges will be filed.

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TOP-3 Upcoming ICO 22 - 28 Apr According to Our Readers

Let’s check which ICOs from 22nd to 28th April are considered the best according to our readers
23 April 2018   49

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three ongoing ICO according to our readers

1. MOMENTUM

Momentum is the world’s first blockchain and crypto-token based marketing automation platform that enables companies to reward their best customers and supporters with crypto-tokens. With Momentum, companies can reward customers in exchange for their attention, business, brand advocacy and data insights, while giving the consumer full control over their personal data. MobileBridge Momentum Token is the token that powers the MobileBridge Momentum platform. Demand for the Momentum will be fuelled by the ever increasing demand for the token as transactions on the MobileBridge Platform continue to increase.

At the moment of press, Momentum is running the private sale, no info on the raised funds available.

2. B2AND

B2AND is a result-oriented cloud-based online platform providing easy-to-use and scalable service utilising viral marketing within marketing campaigns in new innovative and extremely effective way. The new B2AND decentralized eco-system will be based on successful B2AND platform and will rely on a decentralized architecture on Ethereum blockchain supported by B2AND token. The B2AND decentralized eco-system will be transformed through four generations, whereas 1st generation B2AND platform has already been deployed.

B2AND
B2AND

B2AND tokensale started today (23/04/2018). We wish good luck for the team!

3. TV-TWO

TV-TWO is an application for Smart TVs used as the new gateway to linear broadcast combined with a personalized video stream as an additional channel. It is based on blockchain, the technology to orchestrate the new television ecosystem, with direct interactions between users, advertisers and content producers. A custom Ethereum-based token called TTV, the Token for Television, will fuel the ecosystem while ensuring security and fairness.

TV-TWO tokensale hadn't begin yet, but team doesn't lose any time. They have active social network and live shows life. 

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the new Top Upcoming ICO and take part in new poll!