Top five destinations for Chinese ICOs
As China bans digital currencies and ICOs, Chinese investors and blockchain companies are seeking new destinations for their investments and operations. The following destinations have much friendlier regulatory environment, investors are choosing them to launch their new businesses and raise capital by using blockchain technologies.
Based on recent reports on number of initial coin offering (ICO) activities, Singapore, Hong Kong, South Korea, Japan and the US are considered and preferred by Chinese blockchain companies the best places. These are top choices as well for many Asian blockchain startups.