The Bermuda Monetary Authority has issued a consultation paper on draft regulations pertaining to “virtual currency businesses” and initial coin offerings (ICOs). The proposed bill seeks to create a framework that encourages and fosters the development of Bermuda’s nascent cryptocurrency industry.
https://news.bitcoin.com/bermuda-reveals-draft-crypto-regulations-plans-embrace-icos/
My article on regulation within crypto currencies and ICOS - https://steemit.com/crypto/@crystalarts/regulation-of-cryptocurrencies
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