🏅Switzerland will create a legal framework for ICO🏅

🍀 More and more European countries come to the fact that organized by ICO is rather a boon both for the development of business and society, and for the state itself. Here in Switzerland, the state non-profit organization Crypto Valley Association (CVA) announced the creation of the 'Code of Conduct for the ICO.'

🍀 This initiative is designed to support the development of blockbuster technology, namely, developers of start-ups from this sphere. The working group on the creation of this document included specialists from such areas as law, taxation, cybersecurity and communications. Since Switzerland has always been an enabling environment for business, including technology-based detachments.

🍀 Therefore, the authorities in every way try to meet entrepreneurs - there are programs to support the financial industry, the integration of crypto-currency payments is developed, and traditional banks provide the opportunity to use crypto-currencies. The release of tokens and the holding of ICO have become a great opportunity for business to obtain financing directly from investors even before the project gets its start.

🍀 Many talented initiatives can be implemented with the money of those people who are interested in them. Realizing this, Shvetsaria wants to develop rules that will bring clarity and confidence in the ICO. That's what the CVA chairman said: 'We believe that token sales represent an inspiring, reliable and innovative approach to attracting investment capital.

🍀 Therefore, we believe that Switzerland should support this trend by developing a clear, understandable, but flexible regulation that will clarify the legal status of ICO and produced tokens. '

🤗 source: cryptojournal.ru 🤗