Cryptocurrency Report
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Altcoin
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos
What's Hot

Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform

August 12, 2022

Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News

August 12, 2022

Fallout from crypto contagion subsides but no market reversal just yet

August 12, 2022
Facebook Twitter Instagram
  • Advertise
  • Privacy
  • Contact
  • Terms
Facebook Twitter Instagram LinkedIn
Cryptocurrency Report
  • Home
  • News
    1. Bitcoin
    2. Ethereum
    3. Altcoin
    4. View All

    Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform

    August 12, 2022

    Crypto Awareness at 76% in Spain – Survey

    August 12, 2022

    BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News

    August 12, 2022

    No ‘Black and White’ Answer to the Proof-of-Work vs. Proof-of-Stake Question, Says Kraken

    August 12, 2022

    Ethereum’s Vitalik Buterin Lists ‘Worthwhile’ Ideas for Developers to Work On

    August 12, 2022

    Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News

    August 11, 2022

    Reddit Community Points Ready for the Ethereum Mainnet Move

    August 10, 2022

    ‘Most Significant Legal Action’ Against Crypto in US, Hodlnaut Halts Withdrawals, Zipmex Releases Ethereum & Bitcoin + More News

    August 9, 2022

    Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News

    August 12, 2022

    Bitcoin and Ethereum Correct Gains, Altcoins Turn Red Too

    August 12, 2022

    Tornado Cash Ban Blows Winds of Both Division and Unity Through Crypto Community

    August 11, 2022

    Crypto Listing and Delisting Announcements: Week 32

    August 11, 2022

    Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform

    August 12, 2022

    Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News

    August 12, 2022

    Fallout from crypto contagion subsides but no market reversal just yet

    August 12, 2022

    FTX partners with Paradigm for ‘one-click’ futures spread trading

    August 12, 2022
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos

    The Crypto Metaverse is Growing RAPIDLY! (INSANE MICROSOFT BUY)

    January 18, 2022

    BEST Crypto Safety Guide 101 (Keep Your $$ SAFE with Passphrases)

    January 18, 2022

    SHOCKING: Microsoft Enters the CRYPTO METAVERSE!!! (HUGE $69 Billion CASH Buy)

    January 18, 2022

    URGENT NEWS For Cardano Holders!! (MUST Watch Before Jan 20)

    January 17, 2022

    ⚠️ WARNING To All Bitcoin Holders ⚠️ (Time is RUNNING OUT!!!)

    January 17, 2022
  • bitcoinBitcoin(BTC)
    $42,304.00-0.92% 24H
    BITCOIN
    24H : -0.92%
    Volume : $18,001,823,455.00
    Marketcap : $804,136,324,461.00
  • ethereumEthereum(ETH)
    $3,187.18-1.80% 24H
    ETHEREUM
    24H : -1.80%
    Volume : $11,828,130,842.00
    Marketcap : $383,283,409,099.00
  • tetherTether(USDT)
    $1.000.020% 24H
    TETHER
    24H : 0.020%
    Volume : $42,292,952,195.00
    Marketcap : $82,566,134,570.00
  • binancecoinBNB(BNB)
    $416.19-2.16% 24H
    BNB
    24H : -2.16%
    Volume : $1,421,783,549.00
    Marketcap : $69,948,357,062.00
  • usd-coinUSD Coin(USDC)
    $0.9980.110% 24H
    USD COIN
    24H : 0.110%
    Volume : $3,215,590,549.00
    Marketcap : $50,856,931,622.00
  • solanaSolana(SOL)
    $110.52-1.25% 24H
    SOLANA
    24H : -1.25%
    Volume : $1,326,948,052.00
    Marketcap : $36,230,891,086.00
  • rippleXRP(XRP)
    $0.744-2.62% 24H
    XRP
    24H : -2.62%
    Volume : $2,611,405,064.00
    Marketcap : $35,798,721,281.00
  • cardanoCardano(ADA)
    $1.02-1.97% 24H
    CARDANO
    24H : -1.97%
    Volume : $735,911,632.00
    Marketcap : $32,692,285,870.00
  • terra-lunaTerra(LUNA)
    $87.96-7.21% 24H
    TERRA
    24H : -7.21%
    Volume : $2,091,404,457.00
    Marketcap : $31,224,000,667.00
  • avalanche-2Avalanche(AVAX)
    $79.94-4.23% 24H
    AVALANCHE
    24H : -4.23%
    Volume : $651,461,780.00
    Marketcap : $21,345,345,382.00
  • polkadotPolkadot(DOT)
    $18.98-3.96% 24H
    POLKADOT
    24H : -3.96%
    Volume : $522,492,664.00
    Marketcap : $20,904,948,600.00
  • dogecoinDogecoin(DOGE)
    $0.147-0.35% 24H
    DOGECOIN
    24H : -0.35%
    Volume : $1,709,936,369.00
    Marketcap : $19,528,083,067.00
  • binance-usdBinance USD(BUSD)
    $0.9990.100% 24H
    BINANCE USD
    24H : 0.100%
    Volume : $3,031,521,102.00
    Marketcap : $17,907,585,119.00
  • terrausdTerraUSD(UST)
    $1.000.00% 24H
    TERRAUSD
    24H : 0.00%
    Volume : $710,407,989.00
    Marketcap : $16,759,326,710.00
  • shiba-inuShiba Inu(SHIB)
    $0.000024-0.91% 24H
    SHIBA INU
    24H : -0.91%
    Volume : $622,427,689.00
    Marketcap : $13,391,607,837.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)
    $42,263.00-1.06% 24H
    WRAPPED BITCOIN
    24H : -1.06%
    Volume : $205,987,180.00
    Marketcap : $11,648,041,723.00
  • crypto-com-chainCronos(CRO)
    $0.437-1.87% 24H
    CRONOS
    24H : -1.87%
    Volume : $43,191,918.00
    Marketcap : $11,045,868,142.00
  • nearNEAR Protocol(NEAR)
    $15.96-4.67% 24H
    NEAR PROTOCOL
    24H : -4.67%
    Volume : $1,001,407,008.00
    Marketcap : $10,603,423,829.00
  • staked-etherLido Staked Ether(STETH)
    $3,182.92-1.85% 24H
    LIDO STAKED ETHER
    24H : -1.85%
    Volume : $8,945,498.00
    Marketcap : $10,259,684,260.00
  • matic-networkPolygon(MATIC)
    $1.43-2.09% 24H
    POLYGON
    24H : -2.09%
    Volume : $379,202,804.00
    Marketcap : $9,786,905,958.00
Cryptocurrency Report
Home » S Korea: Politicians in Fresh Bid for ICO Reform
ICO

S Korea: Politicians in Fresh Bid for ICO Reform

CryptoReporterBy CryptoReporterJanuary 19, 2022No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The South Korean government is preparing to respond to renewed calls from opposition MPs urging the executive to make initial coin offering (ICO) reforms.

Source: iStock/SharonFoelz

Minister of Science and ICT You Young Min stated that he intended to consult with the regulatory Financial Supervisory Commission before making an official response.

Per media outlet Financial News, the government may be willing to consider the idea of creating a task force comprising at least in part of private sector experts who could be tasked with allowing ICOs – with a proviso that should be some means of protecting investors from bogus or fraudulent investments.

Politicians from a number of parties have called for new ICO laws on a number of occasions since the government issued its ban in September last year.

Last week, Song Hee-kyung, MP for Busan and a member of the Liberty Korea Party (the National Assembly’s largest opposition party), called on the Ministry of Science and ICT to review the ICO ban. Song’s views were echoed by MP Kim Kyung-jin of the Democracy and Peace Party, a prominent member of the National Assembly’s Science and IT committee.

MPs also want legal clarification over the island province of Jeju’s bid to allow ICOs on its territory. As previously reported on Cryptonews.com, Jeju’s pro-crypto governor is hoping to use the territory’s special legal status to legalize ICOs, and create a regional hub for blockchain startups.

Also, the National Assembly’s Legislation Bureau has called on the ministry to clarify the legal nature of the ICO ban – possibly in response to lawyers who have been looking for ways around the ban.

MP Jung Byung-guk of the Assembly’s third biggest party, Bareunmirae, is set to call a special committee debate on “ICO Guidelines.” Jung hopes the debate will be tabled with the Industry 4.0 committee before the month’s end.

Per Sisa Magazine, a special National Assembly committee will convene to discuss blockchain technology-related matters on August 30 – with ICO regulations likely to be on the agenda again.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

DxChain: Decentralized Big Data and Machine Learning Network

January 19, 2022

Close to 80% of ICOs Are Scams – But They Get Less Money

January 19, 2022

CryptoCurve Aims To Simplify Crypto Wallets

January 19, 2022

Sovrin Develops Online Identity Verification System

January 19, 2022

Read This Advice Before Investing In an ICO

January 19, 2022

Investor Protection? Never Heard of It. Analysis of Top ICOs

January 19, 2022
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform

August 12, 2022

Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News

August 12, 2022

Fallout from crypto contagion subsides but no market reversal just yet

August 12, 2022

Subscribe to Updates

Get the latest sports news and analysis about crypto coins and the latest news about domains from Techie Memo.

Advertisement

Your number 1 source for all Cryptocurrency news and analysis. here you can follow all updates and latest rates for all currencies. Visit our about page for more information.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Top Insights

Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform

August 12, 2022

Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News

August 12, 2022

Fallout from crypto contagion subsides but no market reversal just yet

August 12, 2022
Get Informed

Subscribe to Updates

Get the latest sports news and analysis about crypto coins.

Facebook Twitter Instagram LinkedIn
  • Guest Post
  • Privacy Policy
  • Terms & Conditions
  • Contact
© 2022 Cryptocurrency Report. Designed by Sawah Dev.

Type above and press Enter to search. Press Esc to cancel.