Waves, IGF, Ethereum and Deloitte Form Alliance to Regulate ICO Industry
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Waves, IGF, Ethereum and Deloitte Form Alliance to Regulate ICO Industry
Waves Platform, an open-source blockchain platform, announced today the formation of a self-regulatory body, an industry-led initiative to regulate and shape the responsible growth of for ICOs and blockchain industry.
Announced today, the focus of the new association is to provide reporting, legal, tax, accounting, KYC and business due diligence standards to the token crowdsales and initial coin offerings that have become a controversial cornerstone for blockchain startup funding.
In light of the problematic nature of ICOs, the alliance is touted as bringing the blockchain industry to the next level of the professionalisation, enabling the platform to provide several major functions and ... (read more)
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