Joshua Ashley Klayman addressed South Korea’s ICO ban reversal in the Crowdfund Insider article “Is South Korea Backtracking on ICO Ban? FSC Vice Chair Moderates Stance on Token Offerings as New Task Force is Formed.”
“Over the past few days, various media outlets have reported a number of updates regarding South Korea’s stance on cryptocurrency and token sales. While the reported potential messages indicated by South Korea, on their surface, may seem to be somewhat inconsistent with each other – with some signaling a more liberalized regulatory stance, while others suggest a more restrictive approach – together, they appear to indicate that South Korea is paying close attention to global market developments in the token space and may be particularly focused on protecting its retail investors.”
Read the full article.