Published On: Wed, Oct 25th, 2017

TokenFunder Wins Approval to First OSC Regulated ICO Launch

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In Canada, steps are being taken to bring Initial Coin Offerings (ICOs) within the regulatory framework. TokenFunder, a Toronto-based startup that helps other startups launch and manage ICOs, is the first company to win approval for an ICO by the Ontario Securities Commission (OSC).While some ICOs have come under regulatory scrutiny lately, TokenFunder CEO Alan Wunsche believes that ICOs can be done right, with built-in safeguards to avoid fraud.Wunsche said in a press release issued to Bitcoin Magazine:“TokenFunder has been working with the Ontario Securities Commission’s LaunchPad for the past year to define an …

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