South Korea’s top financial regulator on Thursday clarified that Initial Coin Offering (ICO) issuance will remain banned despite the government’s inclination towards setting up a blockchain hub in Seoul. Choi Jong-koo, the chairman of the Financial Services Commission (FSC), said during their parliament audit session that they should not confuse the potential of blockchain with the...The post [US shift] Korea’s Finance Regulator: We Should Not Equate Cryptos with Blockchain appeared first on NewsBTC.
![[US shift] Korea’s Finance Regulator: We Should Not Equate Cryptos with Blockchain](https://images.cryptocompare.com/news/newsbtc/80000000000.jpeg "[US shift] Korea’s Finance Regulator: We Should Not Equate Cryptos with Blockchain")
