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Author Topic: Which jurisdiction is better now?  (Read 1776 times)
Qartersa
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October 17, 2017, 02:38:18 AM
 #21

I think yes, Hong Kong is good for the meantime. But hey, we all know that lawmakers in different countries can totally change their minds and make something legal illegal or vice versa. It goes both ways. What we have to do as Bitcoin investors is to take advantage of the good before it will all be stroke down again.
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November 16, 2017, 11:17:09 AM
 #22

Depending on your product or service, eg. whether it’s an access “Token” for a product or service, or a “Coin” for a security offering, you will need to know how to choose a facilitative jurisdiction and corporate formation for your project.
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December 18, 2017, 10:39:40 AM
 #23

Right now ICOs are regulated in such countries as USA, Switzerland, Singapore, islands, etcICOs are banned in China, North Korea, Vietnam.Europe still doesn’t have strict regulations.Choosing the jurisdiction, most important is the citizenship of your future investors.
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December 18, 2017, 11:26:18 AM
 #24

Which jurisdiction is more suitable for ICO now? How do you like Hong Kong?

I understand that Hong Kong is a very good location for many fintech companies involved in cryptocurrency. Although Hong Kong is administratively under the Chinese government, Bitcoin and other cryptocurrencies are legally recognized in this territory and this is something we have to thank for. We just hope that it will stay this way and that China will not be imposing its decision on the matter to Hong Kong. Aside from being known to be a shopping mecca of Asia, Hong Kong is also a huge financial center for the said region. Cryptocurrency is alive and well in this territory and if I am thinking of doing crypto-related business then i will consider this on the the top of my list.
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December 18, 2017, 12:04:50 PM
 #25

Hong Kong is probably the worst jurisdiction for ICOs nowadays
since China banned ICOs and Hong Kong is considered a part of China by the chinese and they are working on
it being legally recognised as well,the chinese laws could be imposed on Hong Kong,so why risk it when there are more than enough
countries that have recognised the legality of cryptocurrencies,hence creating ICOs there would be a good idea (Japan,Korea)

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