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South Korea’s financial regulator lays groundwork for ICO regulations

advertisement South Korea’s 2017 ban on initial coin offerings (ICOs) may soon be overturned following calls by the country’s financial regulatory agency to include crypto token fundraising in the country’s Capital Market Act. According to a report by Money Today on Tuesday, Do Gyu-sang, vice chairman of South Korea’s Financial Services Commission (FSC), called for expedited action on ICO regulations. Appearing before the Political Affairs Committee of the South Korean National Assembly on November 17, the FSC vice chairman stated …