The Potential of STOs in South Korea7.2

Since ICOs were banned by the government in South Korea, some companies have turned their eyes to other countries such as Switzerland, Singapore, Bibraltar, Malta, Hong Kong, Estonia, the Cayman Islands, and the Virgin Islands, to conduct ICOs. However, in South Korea, the ICO market has been experiencing stagnation in recent years due to security issues, and in response, the interest in ICOs have now shifted to STOs. In the past, ICOs were able to issue cryptocurrency and get funded just with a business model, without the institutional means or investment protection provided by stocks or bonds. On the contrary,

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