Even companies with headquarters abroad that want their tokens traded on Korean exchanges would be required to adhere to the white paper rule. Source
With this kind of licensing system, is it really profitable on the part of an overseas token issuer to apply his tokens to be traded on Korean exchanges?
Posted Using LeoFinance Beta
I have no idea but I don't like the closed wall system on Korean exchanges but I guess letting them pump prices could get your token some attention.
Posted Using LeoFinance Beta
Yes, I think that will be the advantage. Your token will receive attention once listed. However, from a long-term perspective, I am not sure if such a benefit is worth the risk. We know their track record, and regulators can easily change rules as they wish.