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Blockchain technology underpins the ICO ecosystem.

Initial coin offerings: investing's wild frontier

New -- and sometimes shady -- crowdfunding method has regulators scrambling to keep up

KEN KOYANAGI, Editor-at-large, Nikkei Asian Review | China

BANGKOK -- Initial coin offerings, the hot new online crowdfunding method, differ in many ways from initial public offerings. But both pose a similar dilemma for regulators the world over: How to create rules that are not so lax as to invite fraud, but not so stringent as to chase away money.

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