Post
Topic
Board Economics
Re: Has South Korea banned ICOs? What is implication on Crypto market ?
by
kidsuzudn
on 04/10/2017, 06:22:13 UTC
Yes, here is the official new: "South Korea bans all new cryptocurrency sales   South Korea bans all new cryptocurrency sales. South Korea's financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial Services Commission said all kinds of initial coin offerings (ICO) will be banned as trading of virtual currencies needs to be tightly controlled and monitored."