SWISS financial regulator has made an official post on their website about ICOs. So has the Australian financial regulator ASIC. Both are making inquiries into ICOs and we have a feeling they will in the future try to either regulate or prohibit them. At the same time the South Korean financial regulator has issued a press release stating that ICOs are now prohibited in South Korea.
These updates regarding ICOs, Cryptocurrency and regulators are nothing new. Up until now about a dozen regulators have weighed in on ICOs and either warned about them or even prohibited them, making them ilegal in some countries such as China and now also South Korea.
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