Report issued from the Securities and Markets Stakeholder Group (SMSG) is aiming to gave the European Securities and Markets Authority (ESMA) advice regarding the regulation around the Initial Coin Offerings (ICO). Report is defining terms crypto asset, cryptocurrency, token, and ICO and also try to map existing regulation around the ICO in European countries. SMSG is giving recommendation on additional layer of regulation which will have on mind not to stifle the emergence and development of future hubs. Read the full report here.
The digital currencies story is a continuation of the long-running saga of economics, markets, and commodity exchange in human society. With the constant rise of the global network, we have witnessed many global services becoming widely accepted and in a way changing (by adding to) our experience of mutual interaction.