ICO were banned in South Korea since 2017
Recently, the Central Bank of Korea spoke out in favour of changing the policy hence lifting the ban on the ICOs
This means that South Korea will be behind a lot of new crypto projects. This is definitely something to look out for
Companies like Hyundai and Kakao were long interested in making their proper ICO. They did it, however they had to resort to third parties like Switzerland and Singapore. It was a grey zone.
Korean financial leviathan OK Financial Group announced that they will be releasing their own ICO soon.
Legalization of domestic crypto assets in Korea will lead to an explosion of new crypto projects and investment opportunities
The sheer amount of projects that will use ETH smart contract and BTC for transactions is already enough to invest more into crypto
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