South Korea Lawmakers Discuss ICO, Cryptos During Extraordinary Session: ReportSouth Korea has commenced an extraordinary session in the National Assembly to discuss regulation and measures to promote the cryptocurrency industry alongside ICO guidelines to eventually overturn the ongoing ban.
According to a Business Korea report on Monday, the short session – extraordinary sessions cannot exceed 30 days – in South Korea’s National Assembly will see relevant standing committees and lawmakers from parties across the political spectrum ‘discuss measures to promote the blockchain and cryptocurrency industry and create a guideline on initial coin offerings (ICOs)’.
The developments come at a time when lawmakers hasten to fast-track domestic regulations for the cryptocurrency sector with draft bills expected to be submitted during the session.
https://www.ccn.com/south-korea-lawmakers-discuss-ico-cryptos-during-extraordinary-session-report/