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///ICO Ban? Canada’s Regulators Are Giving One Token Sale a Big Break

ICO Ban? Canada’s Regulators Are Giving One Token Sale a Big Break

As China moves to ban initial coin offerings (ICOs), a regulator on the other side of the world is taking the polar opposite approach.

Far from imposing penalties and refunds, Quebec’s regulator for financial institutions, the Autorite des marches financiers (AMF), is seeking to better understand the blockchain use case – if not altogether encourage it. In fact, the AMF has not only determined that a token sale by Impak Finance, a platform for investing in socially responsible enterprises, is a security, it has gone so far as to accept the company into its regulatory sandbox.

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By |2017-09-06T07:26:10+00:00September 6th, 2017|Crypto News|0 Comments

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