The issuance of new cryptocurrencies, which were banned in South Korea six months ago, has returned to the country via overseas listings for local trading. ICON (ICX), which is being called ‘Korean version of Ethereum’, was issued in Switzerland and is leading the new trend.
Foreign-Issued Cryptocurrency Allows South Korean Startups to Bypass Legislation
South Korea banned initial coin offerings (ICO’s) in September 2017. Market watchers in the country have been since calling for a lift of the ICO ban in order to finance the development of blockchain projects. The ban on ICOs, however, is failing
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