(Canada) Ontario Securities Regulator Approves TokenFunder ICO

[BitcoinLaws]

Via CoinDesk https://www.coindesk.com/ontario-securities-regulator-approves-tokenfunder-ico/

This is the second official ICO to be granted and accepted by regulators in Canada, (within the sandbox program. https://www.securities-administrators.ca/industry_resources.aspx?id=1588)

I think this is a good new. An unregulated and undocumented ICO is dangerous for a pump-dump fraud and others con artists.


Louis
www.bitcoin-law.ca

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[avikz]

That's a good news for the ICO and the crypto market. We have been waiting for such regulated ICOs because it gives some security on our invested money. The unregulated ICO is a dangerous method of raising funds and the investors don't have any security on their investment. So for the interest of consumers, the regulation is required. If Canadian government is doing that, it takes us to another step closer for legalization of bitcoin. I welcome that news. I wish more countries start doing the same. Instead of banning, if they can be brought together under a regulatory body, it will work like magic and the ICO market will have some stability.