South Korea stood its ground on the matter of legalizing initial coin offerings (ICOs), reaffirming the ban that the country instituted last fall. ICO Ban Stands The Financial Services Commission (FSC) – South Korea’s top financial regulator — reaffirmed October 11 that the country will maintain its position on initial coin offerings and keep them outlawed. South Korea banned ICOs last September. Speaking to a Parliamentary audit meeting, the Commission’s Chairman Choi Jong-ku said that theRead MoreThe post South Korea Stands Firm: Won’t Legalize ICOs For Now appeared first on Bitcoinist.com.
