The Dutch government and authority on financial markets AFM must come up with guidelines for ICOs if they want to keep developments in this technology in the Netherlands, Jan Robert Schutte, Amsterdam-based CEO of CryptoAcademy and ICO adviser, said at the Black Sea Blockchain Summit in Tbilisi, Georgia on Wednesday.
"As long as the AFM doesn't say anything - instead of providing guidelines for ICOs - the ICO projects will leave the Netherlands because of the lack of clarity." Schutte said.
Da Hongfei, founder of NEO - currently one of the top cryptocurrencies in the world, will be speaking at a NEO loves Amsterdam event at the DeLaMar theater in Amsterdam this weekend.
The event will host several speakers, including Da Hongfei himself. They will discuss the latest projects, developments and token sales launching on the NEO Blockchain.
The Netherlands seems to be an interesting option for companies arranging for a crypto currency token sale and initial coin offering, or ICO. Speaking to NL Times at the ICO Event Amsterdam on Wednesday, a number of ICO founders said they are interested in setting up shop in the country, and in bringing more jobs to the Netherlands. The event was attended by 400 people from a variety of industries, all interested in a burgeoning field that allowed organizations to raise over $3.6 billion in 2017 alone.
