South Korean lawmakers will decide the future of domestic initial coin offerings (ICOs) in November, but that hasn’t stopped its top financial regulator from lashing out at the cryptocurrency market one last time. Financial Services Commission (FSC) chairman Choi Jong-ku has continued to back his governments ban on public ICOs, enacted last September, saying it is just not worth the risk, Yonhap News reports. “Although many people call for the government to allow initial coin offerings, there are still uncertainties related to such a move as well as the possibility of serious fallouts,†Choi declared at a recent parliamentary audit meeting. Choi…
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https://ift.tt/2yAtlbw David Canellis October 11, 2018 at 06:00AM
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