turkish artisan jewelry wholesale What are the advantages of Mongolia's digital currency licenses in ICO issuance?

wholesale fused glass jewelry Mongolia issued the first digital currency license in accordance with the new payment system law

In CCN quoted Mongolian state -owned news agency Montsame, Mongolia Bank issued its first digital currency license on Friday.
is reported that it is the financial technology department of Mongolia's largest mobile phone provider. The virtual currency issued by it is now licensed as a state -approved financial instrument and is considered a "non -cash payment tool", and its value is linked to the legal currency of Mongolia.
. Previously, Mobicom was only authorized to distribute Token to its mobile clients through wallet applications called Candy Pay. Using this application, customers can send funds from their banks, pay bills, shop online from specific retailers in the application, and transfer funds to other users.
, from October 1st, the entire Mongolian enterprise will be allowed to use Candy as the official payment system. Although this specific currency will still have to be observed to what extent, Tatsuya Hamada, CEO of Mobicom, said he said he It is expected to reshape the financial service pattern of digital currency.

Is to issue digital tokens in Mongolia and whether the ICO needs permit and which ministries need for approval?
This need to be approved. Digital tokens issued by Mongolia were issued by the Mongolian Central Bank. If the digital tokens want to be ICO, the Mongolian central bank and the relevant requirements of the Mongolian Ministry of Finance will eventually issue a special license plate by the Mongolian Securities Regulatory Commission.

Munity policies and regulations for STO, a global new consensus?
Mongolia is very supportive. For the blockchain and the latest STO, the Mongolian Congress has established a special electronic currency blockchain The policy of I made a group is consistent with Estonia. Mongolia also implements a license system for STO digital asset exchanges, and existing funds and strong foreign companies have obtained licenses.
Mun Mongolia officially approved and issued a double -license exchanges, which can not only accept ICO, but also accept the transaction of STO projects

Provide the name of Mongolian company, the identity of the director, the front and back of the passport or the scan (at least one person)
2, the Mongolian company registration: the local address of Mongolia Tax Registration Certificate (3 working days)
3, bank opening account: open account Mongolian Central Bank