Crypto Valley Association, the Swiss-based not-for-profit association supporting the development of blockchain and cryptographic related technologies and businesses, has announced the launch of a Code of Conduct for Initial Coin Offerings. The framework is intended to guide ICOs on proper conduct, taking into account all legal, moral, and security obligations. The ICO Code of Conduct is expected to bring clarity and confidence to the still new, rapidly-growing asset class.
Oliver Bussmann, President of Crypto Valley Association, said: “With the explosion of innovation surrounding blockchain and cryptocurrency technologies, it is unsurprising that organizations are leveraging similarly innovative financial instruments to raise capital.”
