[2018-12-11]ASEAN Countries Swap ICO for STO as Fraud-Free Regulated IPO

[Vladdirescu87]

Thailand and ASEAN countries get rid of ICOs to support STOs, which they call a next-gen IPO, because of its decentralised and democratic nature and ability to be legally regulated by the government to protect investors from fraud and make the market transparent and legal. That’s the main idea of the ASEAN Digital Assets Summit 2018, which was held on December 9 in Bangkok, Thailand.

A Coinidol.com representative visited as a media partner of the event to feel the pulse of the Blockchain market in Asia and share it with the world audience of readers from the non-ASEAN region.

Read more: https://coinidol.com/asean-countries-swap-ico/

[coinwizard_]

It's a good thing for crypto due to the increasing number of crappy icos that are either scams or completely worthless projects offering no value coins. Hopefully the sto will enforce better standards and a way get investors in without risking too much