Bermuda Government to Introduce New Regulations on ICOs, Address ‘Legal Ambiguity’

Оригинал: https://cointelegraph.com/news/bermuda-government-to-introduce-new-regulations-on-icos-address-legal-ambiguity

The Premier and Minister of Finance of Bermuda David Burt introduced new regulations on initial coin offerings (ICOs) speaking before the House of Assembly, the Royal Gazette news reports July 13. The regulatory framework describes minimum required information for ICO projects and establishes compliance measures for companies to conduct an ICO.

Addressing the lower house of the Bermudian Parliament, Burt outlined regulations that would require Bermudian ICO issuers to provide detailed information about “all persons involved with the ICO.” Issuers must also disclose a review of the project, including such key aspects as the product or service, the market audience, financing system, the amount of money that is planned to be raised, and technical aspects associated with software and blockchain specifications.

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