We've got it running already but Ethereum network is quite overloaded so it will take time.

Generally, we are in the same legal field as every other ICO. We are trying to keep it tighter in terms that we are not a platform, not a mutual fund, not a broker of any sort.  It limits legal risk to some degree.
For the registration, we are looking at a number of different jurisdictions. It can be Hong Kong or Singapore, Switzerland, or possibly New Zealand. The final choice will be agreed upon with lawyers when we start registering.