FUUPAY Received Legal Opinion from Hanbyol Law Firm for Exchange Listing

FUUPAY recieved the legal opinion on its token (FPT) from Hanbyol Law Firm for further exchange listing.

Hanbyol recently conducted a review on FPT, FUUPAY’s token, whether the token FPT is utility token through Hanbyol a law firm, and was legally confirmed that there was no problem with the listing as FPT is a utility token without security aspects.

​The legal opinion confirming the token’s utility is mandatory to list on major exchanges, and if it is deemed to be securities, it will be difficult to list the exchange. FUUPAY was confirmed to have no securities through a strict legal review by Hanbyol law firm. This is a major achievement that has been confirmed that there is no problem in listing on domestic and foreign exchanges.

​Hanbyol law firm is a highly recognized in the blockchain industry, and conducted a number of seminars with Decenter Media under Seoul Economy MEdia. They also held a joint meetup with Binance last year. In addition, Hanbyol has signed MOU with well known companies in various industries such as Hexlant and else.

FUUPAY is a blockchain-based payment solution that currently has a contract with the global kiosk provider The Nine Company and is set to apply for Kiosk payments. Further, it is set to enter Chinese on/offline payment market by signing of a contract with Wang Hong Federation under China’s state-run corporation. Currently, FUUPAY is listed on GDAC.

The original text: http://cnews.thebigdata.co.kr/view.php?ud=202008311611368781e30a2c087c_23