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?
Nothing to worry about that, it's natural on financial world. News only about speculation ( 1 August ), it's only temporary trends. South Korea has different policy about ICO and that's their rights, we can't do anything about it. As investor/ trader you should take challenge when news like this comes up, there's opportunity to make profit with this situation. Face it and thank you.