What about south corea baning all cryptos?
HDAC is a Swiss foundation and not Korean. Founders and developers behind are Korean but not the company doing the ICO, meaning it’s not affected by Korean regulations.
**It’s also important to understand that there has been no official ban on ICOs in South Korea from any government agency. There have however been discussions about potential regulations in the future for ICOs being launched by South Korean companies. These potential regulations may come
in effect, next year and HDAC foundation welcome such regulations, so that investors may be protected from seriousness projects being launched.
The Korean government wants to more tightly regulate exchanges and crypto trading, but this will not hinder Hdac TGE and Hdac’s further development.