Korean Financial Watchdogs Probing Blockchain Firms Over ICO Activity – CoinDesk

South Korean financial watchdogs are contacting domestic blockchain startups as part on an investigation into initial coin offerings (ICOs). According to an exclusive report from CoinDesk Korea, the probe is causing jitters among the firms over whether it could ultimately lead to some form of sanctions if firms are considered to have broken rules on token sales. […]

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South Korean Cryptocurrency Market Targeted by New Rule Change

The government of South Korea has excluded cryptocurrency exchanges from being categorized as venture businesses. The government announced this new cryptocurrency market rule-change through a press release published on August 13. The document issued by the Ministry of Small and Medium-sized Enterprises explained that it would now categorize crypto-exchanges alongside bars and nightclubs, which are […]

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