South Koreas Financial Services Commission has announced that all initial coin offerings will be banned in the country. and said
"All kinds of initial coin offerings (ICO) will be banned as
trading of virtual currencies needs to be tightly controlled and monitored."
Source:
https://news.bitcoin.com/south-korea-bans-initial-coin-offerings/What do you think? Is this ban only temporary and after implementing regulation it they will change their decision or they will do what China did?
You have the answer in your post itself. The statement itself says that trading of virtual currencies needs to be tightly controlled and monitored which means the they want to monitor the trading and that is the reason why they have banned the ICOs.
They will surely remove the ban once they regulate the ICOs and then there will be no more scammers trying to steal our money.