At a seminar organized by the Blockchain Lab of Sogang University in cooperation with Nonghyup Bank, our CEO presented in Seoul his thoughts on Initial Coin Offerings (ICOs).
In the last months, several regulatory authorities have banned ICOs, including the Korean and Chinese ones, on basis of major weaknesses and inadequate investor protection.
Companies planning an ICO need to convince authorities that their processes are sound and transparent for investors, in compliance with local laws & regulation as well as secure. Including appropriate Know-Your-Customer (KYC) processes will become a key requirement for upcoming ICOs.
Blockchain Asia currently supports two companies in preparing successful ICOs in the coming months. Please contact us, if we can help you with our expertise as well.
