South Korea to "punish" ICOs

MV7 (OP)

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South Korea to "punish" ICOs

September 05, 2017, 04:48:48 AM

#1

https://www.cryptocoinsnews.com/south-korea-tightens-bitcoin-regulations-will-punish-icos-report/

I guess Korea is following China's footsteps in regards to ICOs. Expecting prices to drop even further...

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RenegadeMind

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Re: South Korea to "punish" ICOs

September 05, 2017, 04:59:03 AM

#2

Sad. South Korea has a growing and promising crypto scene. I hope this blows over.

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Legendari

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Re: South Korea to "punish" ICOs

September 05, 2017, 05:03:31 AM

#3

China, now Korea is at a pace we could lose the whole Asian market! Bad, all very, very bad.

Hyperme.sh

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Re: South Korea to "punish" ICOs

September 05, 2017, 05:06:55 AM

#4

Quote from: Legendari on September 05, 2017, 05:03:31 AM

China, now Korea is at a pace we could lose the whole Asian market! Bad, all very, very bad.

Singapore also already said they will crackdown on ICOs.

SEC will be making an announcement eventually also. Then the entire G20 will fall into harmonization, just as they did for FATCA.

ICOs have no future. The tokens will end up delisted and illegal for trading in every major country.