Japan's FSA to Regulate ICO

Japanese financial watchdog will be reviewing ICO regulation laws
28 February 2018   146

The Financial Services Agency of Japan (FSA) plans to review the relevant laws and regulations in order to regulate the ICO. This is reported by CoinDesk with reference to local media.

It is noted that the financial controller addressed this issue amid the growing popularity of the sale of tokens and the absence of clear rules governing the conduct of the ICO.

According to Sankei Shimbun, FSA has already started monitoring "suspicious" ICO, aimed at Japanese investors.

There is an increasing demand for amendment of the law, and the FSA is planning to consider suspension of inappropriate ICOs.

FSA Report

It is also noted that the existing law on payment systems, which took power in April last year and legalized bitcoin as a payment method, can not be considered sufficient to determine the legal status of ICOs.

Earlier this month, FSA suspended the activities of Blockchain Laboratory in Macau, issuing several warnings to it in connection with the provision of unlicensed services

TOP-3 Ongoing ICO 14 - 21 Mar According to Our Readers

Let’s check which ongoing ICOs from 14th to 21st March are considered the best according to our readers
22 March 2018   88

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. BitCar

Hyper car asset tokenization. BitCar is the first platform in the world that will allow you to P2P trade fractions of exotic cars using your crypto. Owners can peg their crypto to these hard assets for protection during times of high crypto volatility. Users will have access to this historically outperforming asset class for the first time through BitCar. BitCar will then also seek to provide fractional ownership services to the very large automotive industry using this new decentralized blockchain technology.

Bitcar ICO
Bitcar ICO

At the moment of press, tokens worth SGD 9.2 Million were sold during ICO. Great result!

2. Datarius

Datarius cryptobank is a decentralized partially closed system. As a P2P platform, the system enables users to decide themselves whether to use any of variable services and applications. This in turn allows to almost completely reduce transaction costs. Datarius serves as a direct link between lenders, borrowers, and the related services – managers, analysts, insurance companies, funds, trading terminals.

Datarius ICO
Datarius ICO

At the moment, $888 737 raised during the Datarius ITO. Good result!


The ADAMANT project is made to respond to the question of trust in private data transfer security, since it is based on a proven to be robust Blockchain conception, and its program code is open and public. The project uses modern encryption methods and unique Blockchain technology and provides a high guarantee of confidentiality of the information transfers among all users within the system.

Adamant ICO
Adamant ICO

Adamant team was able to reach soft cap! $532 949 raised! And the sale is still going!

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 updated Top Ongoing ICO and take part in new poll!