China ICO Ban Sparks Startups’ Exodus to Japan for Token Listings

in cryptocurrency •  7 years ago 

 Japan’s biggest bitcoin exchange Coincheck has been receiving “hundreds of requests” from Chinese startups to list their tokens following China’s blanket ICO ban.
Tokyo-based Coincheck, Japan’s largest bitcoin exchange by trading volume, is being inundated with requests from Chinese companies for token listings on its exchange. Initial coin offerings, or ICOs, are a radical new form of fundraising wherein companies sell crypto tokens to investors in exchange for capital via cryptocurrencies, typically bitcoin or ethereum’s ether. 

Full article: https://www.cryptocoinsnews.com/china-ico-ban-sees-startups-japan-bound-token-listings/

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Very exciting news for our Japanese friends