[NEWS] Japanese Firms Forming a New Body To Create Regulations for STO tokens

[cryptoaddictchie]

Based on a report of Asian Nikkei Review, famous firm from Japan will create an Association or regulatory body that will make regulations for STO tokens offering. Famous firm mentioned are SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group. It seems like we've gonna see many new STO offering coming from Japan starting next April.

Image Source:https://cointelegraph.com/news/leading-japanese-firms-form-security-token-offering-association

In my opinion, Japan is seeking a way to destroy the traditional way investing on digital asset as have we seen happened on ICOs that many investors lose their asset and money. More likely they will depend on STO to provide security for investors to avoid potential business downfall. Well, that's not bad for a chosen risk. At least, tokens will be worth something already upon trading on exchange. But the said regulatory body will first need approval from an agency to launch this new group.

What are youre thoughts on this?

Ive never invested yet in any STO, and it seems like provision for this is quite complicated. Hoping for a good advise here from people who have deeper knowledge about this.

Full article about this news: https://cointelegraph.com/news/leading-japanese-firms-form-security-token-offering-association

[1715314898]

1715314898

[1715314898]

1715314898

[1715314898]

1715314898

[tsaroz]

Japan is a pioneer in regulating exchanges and now STOs in a positive way. Every nations around the world needs to learn from how japan is coping with the change.
This would give Japan a head-start for the 2nd quarter of this century. The sooner the countries around the world embrace crypto, the sooner would they advance to the new generation of technology. A government regulated crypto is what we need for further advancement of blockchain technology.

[Kotone]

I think Japan will be one of the leading country that will be suitable for blockchain and cryptocurrency related not only they can support their Country leading firm on dealing with blockchain related businesses. They are also known for being innovative and high standard when it comes to tech matter.

[shinratensei_]

I don't even see an important point from that news.
Let's say okay these firms will create a regulation for security offering to destroy a traditional way of invest in crypto (ICO). It seems like that the ico itself has already killed by IEO and what they will be facing to battle with IEO not ICO.
It will be back again to the community's choice of whether they will invest in the STO or IEO.

Have you checked bitbond and that's the first fully regulated STO that has already approved by the Germany government.

It has a bunch of complaints on the internet if their money(investors/lender) already defaulted by the borrower.

The speculators in crypto have different perceptions about how to invest. I believe if that firm will be fully operating in the future and that will not open the gate for the public (Opened for accreditor investors only).

Just because it's fully regulated, doesn't mean if that will always bring the investors to the decent profits.

[bitsurfer2014]

It is expected that the securities industry will be blockchainized as more and more financial organizations worldwide are anticipating for this new paradigm! Fortunately, I think we have a forefront project to meet that demand as businesses are looking for ways to tokenize their securities thus the advent of digital securities which is what Dusk Network is all about! For more information kindly check their ANN thread - https://bitcointalk.org/index.php?topic=4656203.0 and I hope you'll find the project very promising.

[jacafbiz]

This is one of the things I liked about Japan they are pace setters and usually early adopters of new ideas, for me I like this because it seems SEC is only interested in collecting fines from these developers instead of setting out rules t guide the space, I thing I know is that cryptocurrencies has come to stay

[HodlerKing101]

There's a reason as to why Japan has been one of the leading countries in terms of the tech space and there's no shock as they start forming regulations for crypto. Many investors have lost effort, time, and money because of the year when ICO scams hit us and these are the reasons why we have newly formed offerings such as STO's, IEO's, an alternative IEO which provides anyone access and a guaranteed token, and a lot more. Almost no one now are doing ICO's because of how unsecure it is and it's great to see that the crypto community has been learning.

I'm eager to see how this new system for STO that they're creating will affect the way of how crypto startups are doing fundraising.

[EdvinZ]

Undoubtedly, this step will lead to a greater influx of capital into Japanese startups conducting STOs under these new rules. Investors are always willing to invest big money in regulated assets. A number of analysts generally say that without regulation, the cryptocurrency market is doomed. Other countries need to take an example from Japan, because countries that are the first to truly comprehensively begin regulate the token sale sphere will attract substantial revenues to the treasury.

[OasisDre]

STO projects are not doing fine at all and its a big shame because i feel like STO Projects is what we actually need more than any other thing in crypto space now, its a shame and a shock that IEO took over STO since the beginning of this year and few STO i got my eye on all crumbled

[tabas]

But unfortunately, now STO is getting behind because of the presence the IEO system that is able to make investors feel comfortable about their assets.

Well, this is a fact that everybody can see. I thought that this year would be the time for STOs but IEO has intervened and made its purpose for most investors and project makers. I still see this as positive news, this is why many do like Japan because it has been a crypto-friendly country. They are doing things that we're not expecting and many this ain't the year of STO but we will see if 2020 is going to be theirs.

[betty11]

Japan is always ahead of major tech nations when it comes to new technological innovations. This will help develop and add liquidity to the existing market. Japan remains the 3rd largest economy of the world, using technology to drive economy remains the best. Africa nations will need to adopt the Japanese style of economic growth.

[bgaf]

I think, Japan think ahead of time. STO isn't not popular now but think about it. IEO bloom due to exchange popularity but you must think investors when they wanted a legit one. Japan anticipated already the possible STO advancement into the next years of business in crypto. How does it happened? For sure, later on people will tend to digital asset with more legit ability. To be honest, STO will be one later on trust me.

[sandra_x]

It could be that this will casue a new wave of interest in cryptocurrencies and possible cause some bullish momentum in the market when it eventually kicks off. STOs were thought to be next phase for crypto mass adoption but things didnt go quite well in the last couple of months. The few "claimed" STOs on this forum turned out to be scams or ICOs masquerading as STOs.

[bitsurfer2014]

It could be that this will casue a new wave of interest in cryptocurrencies and possible cause some bullish momentum in the market when it eventually kicks off. STOs were thought to be next phase for crypto mass adoption but things didnt go quite well in the last couple of months. The few "claimed" STOs on this forum turned out to be scams or ICOs masquerading as STOs.

This development will have a great effect once established to the financial markets across the globe as Japan's plan to adopt digital securities/security tokens  only shows that Japan is harnessing the power of blockchain technology as it have significant benefits over traditional methods and can be used and integrated into financial markets!

I also think it will have significant influence worldwide if Japan achieve mainstream adoption since it will enable even an ordinary person to buy/sell digitized securities in small quantities and can avoid huge fees from middlemen such as brokers as compared to traditional market processes. If these pulls through successfully, I think other finacial markets around the world will follow suit.

[bitsurfer2014]

STO projects are not doing fine at all and its a big shame because i feel like STO Projects is what we actually need more than any other thing in crypto space now, its a shame and a shock that IEO took over STO since the beginning of this year and few STO i got my eye on all crumbled

You're quite right but I guess it is only temporary since there are STO platforms being developed right now to address this kinds of needs. I know one platform that will disrupt this industry and they are aiming to be regulatory compliant as much as possible - which a critical requirement to spark mass adoption of financial institutions to migrate their business model into this platform, because without it, regulatory bodies will eventually scrutinize this kinds of projects and flex its arms to force it to comply in accordance with Government regulations. It a good thing though that Japan did this initiative and we might see blockchainize securities not very long from now.

[Eugenar]

I think Japan will be one of the leading country that will be suitable for blockchain and cryptocurrency related not only they can support their Country leading firm on dealing with blockchain related businesses. They are also known for being innovative and high standard when it comes to tech matter.

Very well said, and also allot of people will going to trust japanese firms rather than other. They are mostly professional and it can be inferred even from the bitcoin creator which I think is a japanese. Today, it is not just STO's that needs to be regulated, in my opinion, it is also necessary to regulate most of the cryptocurrencies including IEO's and ICOs. Since fraudulent acts are also implemented there.