Japan Cryptographic Money Business Association issued "Proposal on Securities Token Laws and Regulations"

According to Crypto.Watch, on October 2, the Japan Cryptographic Money Business Association (JCBA) issued a "Proposal on Securities Token Laws and Regulations." JCBA has set up an ICO / STO research group to study the legal and regulatory forms related to ICO and securities tokens, and has been working with parties to study the ideal way of securities token regulations.