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Morningstar Japan Starts Ratings Business for Cryptocurrencies and ICOs



Morningstar Japan Starts Ratings Business for Cryptocurrencies and ICOs

The Japanese subsidiary of Morningstar has launched a new business to provide ratings of digital currencies and initial coin offerings (ICOs). While there is no law in Japan specifically targeting ICOs, their tokens can be subject to various laws such as securities laws and consumer contract law.

Also read: Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies

Morningstar Japan’s Crypto and ICO Ratings

The Tokyo-based financial information provider, Morningstar…

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