#korea’s ICO Ban: What It Means & How It Affects ICON x #deblock
▻https://hackernoon.com/koreas-ico-ban-what-it-means-how-it-affects-icon-x-deblock-887a525bec10?
photo creds: ▻https://decrypto.netThere have been many discussions expressing fear or concern regarding South Korea maintaining its stance on ICO bans due to results found in a survey conducted by South Korea’s Financial Supervisory Service, and what it exactly it means for ICON.Why is South Korea Maintaining its ICO Ban Policy?In light of recent news of the South Korea government maintaining its current ban on all Initial Coin Offerings (ICOs) from domestic companies, many will argue that this is not an ideal situation for the #blockchain industry.So, why were ICOs banned in the first place in Korea? In short, ICO bans are a way for the government to protect investors from potential scams until a better framework for ICO regulations and policies are set in place.The reason why Korea is (...)