Korea’s Top Financial Regulator Reaffirms Negative Stance on ICOs

Regulator Reaffirms

Korea’s top financial regulator has reaffirmed his negative stance on virtual currency transactions and initial coin offerings (ICOs), Business Korea reported Oct. 11. “The government does not deny the potential of the blockchain industry,” said Choi Jong-koo, the chairman of the Financial Services Commission, at the parliamentary audit session of his commission at the National […]