Statement

Banning ICOs is to prohibit future ICOs to be carried out in South Korea, the currently existing and completed ICO projects in South Korea will not be affected. The meaning of the news articles is to punish or convict individuals and groups using the tool of initial offering of crypt to currencies to be used in unlawful activities. On the other hand, this regulation on banning ICOs is good news to WTC, to rid of the fake and leaving the strong and the good, to refine high quality and even global block chain projects. The block chain industry / communities require such self-discipline and supervision, for the promotion of a healthier development of the block chain industry.
As for WTC, we are clearly done with our ICO process and already being traded on an exchange right now. This regulation would not impact us, and from another angle, the industry will certainly benefit from this regulation. WTC Korea will continue to accelerate our pace and efforts here and also the global market.
(Walton chain Technology Co.,Ltd)

2017/9/29