South Korea is reportedly putting a plan together that will permit initial coin offerings (ICOs) for domestic traders, despite initial reservations with the market.
The Korea Times reported an unnamed source as saying:
The financial authorities have been talking to the country’s tax agency, justice ministry, and other relevant government offices about a plan to allow ICOs in Korea when certain conditions are met.
If introduced this plan will be a significant reversal considering South Korea’s financial regulator, the Financial Services Commission (FSC), banned ICOs last September. During a meeting at the time,
This post is an exerpt of an original post published on Live Bitcoin News. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.