Coin

<ul class="news-points"> 
 <li>The Japanese Crypto Asset Business Association recently submitted a draft of ICO reforms.</li> 
 <li>The association is trying to make it easier for Japanese firms to conduct initial coin offerings.</li> 
 <li>JCBA’s new rules would include liquidity targets for listing as well as provisions for price stabilization.</li> 
</ul> 
The Japanese Crypto Asset Business Association (JCBA) recently unveiled an initial draft of rules to overhaul the initial exchange offering (IEO) and initial coin offering (ICO) processes in Japan’s crypto market. The draft came after a dedicated subcommittee of the JCBA initiated discussions with Web3 firms to develop an ideal framework for IEOs and ICOs. 
According to the association’s official <a href="https://cryptocurrency-association.org/news/breakout/202309026-001/" target="_blank" rel="nofollow">website</a>, the initial draft of the direction for self-regulatory reform for IEOs was submitted to the Japanese Business Association. The JCBA, which was formed by the Japan Virtual Currencies Exchange Association (JVCEA), highlighted four key agendas in its latest draft. 
The first item on the agenda is price calculation, which would include the diversification of calculation methods and clear warnings regarding prices. The second item revolves around liquidity, which wo…
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Japanese Crypto Association Attempts To Reform Rules For ICO

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