First the ICO ban of South Korea, then Russia wants to ban BTC payments and now Switzerland is investigating ICOs. I really hope that won't let the market slip into the next downtrend. That would make it even harder for an ICO to raise money.
We have read the news as everyone this week and contacted our Swiss lawyer for some feedback. ICO are still possible in Switzerland but require to get a FINMA approval (Swiss regulator) before launch. As you can imagine, this is a slow machine and we will make an announcement tomorrow on this topic. As you may be aware, we have been exploring a French alternative since the start. Together with this decision, we will make additional announcement, for the better of this project.