In Japan developing a project on lawful regulation of ICO. Plans are long-term, conclusions are ambiguous

Among the basic requirements there are an anti-money-laundering , a need to identify investors, tracking of development projects, finally, investors protection. The Japanese authorities must to follow up this suggestion, which could become the basis of the relevant laws in the future with a high probability.
The document declares the basic principles in order to ensure the success, including monitoring the development of the project in compliance with the set White paper.
At last, as yet unofficial legislative initiative, which sets the standard of trading, identification of clients, and other important components.
However, developers recognize that today it’s not easy to create a universal classification for all ICO. Nevertheless, the suggestion was made to separate primary coins offers into 3 main groups:
Venture capital firmsEcosystems in cooperation with some participation of organizations.Government agencies. Big companies with a high-risk projects level.
It’s noteworthy that the document equate sold Tokens through ICO to securities. Such vision of the situation same as the position of the American SEC (Securities and Exchange Commission).
According to the expert Kenji Marashima , ICO can make a revolution on the global financial scene, but for this purpose we need to develop some relevant standards.
The main authors of the document became:
Takuya Hirai is a Japanese politician of the Liberal Democratic Party (LDP) . Early Hirai was known for work on the licensing system of cryptocurrency exchanges.  Yuzo Kano, the CEO and founder of bitFlyer exchange.A number of experts from Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc.