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ICO Activity Plummeted ICO action was significantly down in September, according to a study by Autonomous Research. The firm wrote: Last month saw roughly $300 million in ICO funds raised, with the month before that revised into a little more than $400 million, a far cry from the $2.4 billion in January of this year….

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JBA Replaces JADA Founded in mid-April, the JBA replaces the former Japan Association of Digital Asset (JADA), that has been active in the industry since July 2014. The new group consists of high-profile members of the Japanese blockchain industry in addition to member of Parliament (and long-time Bitcoin proponent) Mineyuki Fukuda and Japan’s main financial regulator the…

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The Initial Rejection The Japanese Financial Services Agency (FSA) is reportedly preparing to reject an application to run a crypto exchange in the nation. “The very first time it has done so,” Nikkei reported, adding: The decision follows the ministry’s decision that Yokohama-based FSHO lacks the necessary systems to run its business…By barring an exchange…

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Regulating as Securities Malaysian Finance Minister Lim Guan Eng said on Monday that his country”will govern initial coin offerings (ICOs) and the trade of cryptocurrencies,” Reuters reported, including: An arrangement to recognize digital currencies and electronic tokens as securities will come into force on Jan. 15, under the regulation of the Securities Commission Malaysia [SC]….

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