In recent months, Hong Kong and Singapore have attracted companies that have raised funds through ICO after China and South Korea promulgated the ICO ban. South China Morning Post reported that according to Fintech, the number of companies that have launched ICOs in Singapore and Hong Kong has increased significantly in recent months. Anson Zeall, chairman of the Digital Currency Enterprise Association, said that Singapore cannot be said to have become an ICO center, but it has increased a lot since September last year and Hong Kong and Singapore have become new places for token sales.