Rep. Hong Eui-rak of the ruling Democratic Party of Korea is leading the move championed by 10 other lawmakers. They are working to have a bill backing the move endorsed this year.  This is the first parliamentary challenge to the government’s ban on domestic ICO imposed late last year to curb speculative investment in cryptocurrencies.

Read more: https://hype.codes/south-korean-lawmakers-move-legalize-new-icos