29 Sep '17, 5pm

South Korea bans initial coin offerings

South Korea said today that it plans to ban raising money through initial coin offerings (ICOs) for all cryptocurrencies, according to Reuters . The country’s Financial Services Commission said that all ICOs need to be banned because the trading of Bitcoin and other cryptocoins needs to be tightly controlled. Violators of the new ban will receive “stern penalties,” but no details of what those penalties will be have been provided. As ICOs increase in quantity and scale, they’ve attracted the attention of government regulators in various countries. This year alone, ICOs have raised nearly $2.3 billion in funds so far, according to Coindesk ICO tracker data . China banned ICOs earlier this month , saying that they disrupted the country’s financial order. The ban comes after South Korea noticed that “raising funds through ICOs seem to be on the rise globally” and domestically...

Full article: https://www.theverge.com/2017/9/29/16384718/south-korea-b...

Tweets

South Korea bans ICO’s https://t.co/IiFZ7VcXi8

South Korea bans ICO’s https://t.co/IiFZ7VcXi8

thedomains.com 29 Sep '17, 3am

SEOUL (Reuters) – South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual ...

Australian Securities & Investments Commission Issues Guidance for Initial Coin Offerings

Australian Securities & Investments Commission ...

news.bitcoin.com 30 Sep '17, 8pm

This week, the Australian Securities & Investments Commission published a media release seeking to clarify the regulatory ...

Hong Kong lags behind Taiwan, Singapore and Sou...

scmp.com 30 Sep '17, 1am

When Hong Kong’s education system was ranked lower than those in Singapore, South Korea and Taiwan in the recently release...

Initial Coin Offerings (ICOs) in Singapore

Initial Coin Offerings (ICOs) in Singapore

lattice80.com 09 Oct '17, 10pm

Cryptocurrencies are all the rage right now – they make some very excited, others very confused, and yet others worried/ca...

Local singer #AkifHalqi to perform in South Kor...

straitstimes.com 29 Sep '17, 1am

Singaporean singer Akif Halqi, 21, will be performing tonight at the same concert as BTS, currently South Korea's most tal...

Bitcoin Bug Bites Japan and South Korea as Chin...

nytimes.com 01 Oct '17, 11pm

SAN FRANCISCO — Until recently, China was a center of Bitcoin activity while the rest of Asia looked on with little intere...

"Bitcoin Bug Bites Japan and South Korea as Chi...

nytimes.com 01 Oct '17, 10pm

SAN FRANCISCO — Until recently, China was a center of Bitcoin activity while the rest of Asia looked on with little intere...

If you have enjoyed our offerings from India th...

barringtoncoffee.com 01 Oct '17, 12am

Please enter your email below to receive FREE SHIPPING on your first order with us!* Be the first to hear about the amazin...

US to send 'strategic assets' to Seoul as North Korea threatens

US to send 'strategic assets' to Seoul as North...

stripes.com 29 Sep '17, 1am

The United States will send "strategic" military assets to South Korea on a more regular basis to better deter North Korea...

While China Bans Bitcoin Exchanges, Japanese Government Embraces Them

While China Bans Bitcoin Exchanges, Japanese Go...

cointelegraph.com 27 Sep '17, 6pm

Beginning October, Japanese Bitcoin and cryptocurrency exchanges will be fully surveilled and investigated by local author...

#AUSA2017

#AUSA2017

armytimes.com 09 Oct '17, 8pm

A new commemorative coin was unveiled Monday to mark the 100th anniversary of the end of World War I and honor those Ameri...