Hdac'ın FINMA başvurusu onaylandı
[Announcement] FINMA’s Investigation on Hdac ICO Has Finished
We have received the ‘No-Action Letter’ from FINMA, the Swiss Financial Market Supervisory Authority, on 22nd October. With this, the investigation on Hdac by FINMA has officially finished.
From having the full letter translated by a professional translator to having it reviewed by multiple legal agents as well as double-checking whether there would be any follow-up process needed, our top executives went through scrutiny taking a sufficient amount of time in the Swiss HQ. We could not leave any uncertainty regarding this, and therefore, it has taken some long time for us to share with you this great news.
The securement of the 'No-Action Letter,' which is the final step of FINMA's investigation upon an ICO project, means that there were no legal issues during the past ICO process and that Hdac Technolgy can officially operate global business activities as a cryptocurrency/blockchain company. In other words, Hdac has been acknowledged as an official cryptocurrency/blockchain company within the institutional boundary set by the Swiss regulatory authority.
At the same time, it means that we Hdac has gained an exceptional differentiate point in comparison to other coins. In addition, it will provide us with a huge driving force moving forward in regard to marketing, listing on exchanges, DApp partner development, blockchain ecosystem expansion as well as every our movements on diverse areas.
About a year has been passed since the TGE of Hdac late last year. We would like to express our sincere gratitude for your patience despite such a long wait.
[FINMA Letter Excerpt] We would like to share you with the core parts of the letter for your information:
[Announcement] FINMA’s Investigation on Hdac ICO Has Finished
We have received the ‘No-Action Letter’ from FINMA, the Swiss Financial Market Supervisory Authority, on 22nd October. With this, the investigation on Hdac by FINMA has officially finished.
From having the full letter translated by a professional translator to having it reviewed by multiple legal agents as well as double-checking whether there would be any follow-up process needed, our top executives went through scrutiny taking a sufficient amount of time in the Swiss HQ. We could not leave any uncertainty regarding this, and therefore, it has taken some long time for us to share with you this great news.
The securement of the 'No-Action Letter,' which is the final step of FINMA's investigation upon an ICO project, means that there were no legal issues during the past ICO process and that Hdac Technolgy can officially operate global business activities as a cryptocurrency/blockchain company. In other words, Hdac has been acknowledged as an official cryptocurrency/blockchain company within the institutional boundary set by the Swiss regulatory authority.
At the same time, it means that we Hdac has gained an exceptional differentiate point in comparison to other coins. In addition, it will provide us with a huge driving force moving forward in regard to marketing, listing on exchanges, DApp partner development, blockchain ecosystem expansion as well as every our movements on diverse areas.
About a year has been passed since the TGE of Hdac late last year. We would like to express our sincere gratitude for your patience despite such a long wait.
[FINMA Letter Excerpt] We would like to share you with the core parts of the letter for your information:
