Have you already received a patent for your development?
Do you have a license to store digital assets?
We start our business in Singapore because legal implementation is easier there. More information on the legal situation can be found in our legal terms.
I heard cryptocurrencies are banned in Singapore. It's true?
Many projects do not accept investments from citizens of the USA and Singapore
ICOs were banned in China, but not in Singapore. The USA are commonly excluded from ICOs, because they otherwise require fulfilling complex requirements. These are very cost intensive which is why we excluded USA from our sales for the time being.
In order to accept investments from US citizens, accreditation is required.
Is this such a difficult process?
Especially since I think you are counting on the US market
In order to require KYC confirmation from investors, the company must obtain a license to store personal data. This is a long and expensive process.
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