Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries

Major corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Regulations Driving Away Businesses

An increasing number of corporations in South Korea are establishing cryptocurrency and...

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