Korea Gov. will ban all kinds of ICO

[oh_bitrich]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

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[dewanaga]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

it is very dangerous if korea prohibits ico as well,
it can be neighboring countries of other neighbors follow like china

[Arkann]

Unpleasant there is a tendency with the prohibition of ICO. After China and other countries began to look closely at such activities as the original offer of coins (ICO). Such a prohibition is useful only when the critical situation with this activity develops and is related to its non-transparency of conduct and a significant increase in the risk for investors that are associated with the possibility of fraud with investors' funds. I hope that this prohibition of ICO in Korea will be temporary and aimed only at good ends.

[bbc.reporter]

The Korean government should first study and know the situation well before they make unreasonable decisions. Instead of following China, they should follow America. Issue the warning first and then study what is going on.

Does the SEC want to ban all ICOs? I reckon no because there are benefits. One solution for it is to limit how much money an ICO raises.

[SCCFX]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

youre information is accurate or not
what is daum .net from korea site, because same with in china, if china regulator announcement about crypto, china exchanger can release too
why korea exchanger not release

if only issue, i think only want down price all altcoin include bitcoin

[Buckwheet]

Korea gov is friendly with USA gov so I think they will just control ICO. not ban it. many good ICO from USA still coming

[dineshary]

Korea gov is friendly with USA gov so I think they will just control ICO. not ban it. many good ICO from USA still coming

Most of the icos does not allow US participants

Are we gonna see ban on exchanges too?

[Nerman]

If this is true  then  we have another opportunity to buy Bitcoin. I really cannot understand do why others are afraid when prices are falling remember what warren buffet said be greedy when everybody is scared be s ared when everybody is greedy. For me as a conservative trader i can not buy when there is a break out. Bit back on the topic to be honest i hope this is true.

[Hyperme.sh]

If this is true  then  we have another opportunity to buy Bitcoin. I really cannot understand do why others are afraid when prices are falling remember what warren buffet said be greedy ehen everybody is scared.

Any one who isn’t selling all ICOs (which are illegal securities) on their deadcat bounces and buying proof-of-work issued tokens (which aren’t even securities), is not paying attention.

Read this.

[SamboNZ]

Its official its all over the news

https://www.cnbc.com/amp/2017/09/28/south-korea-bans-all-new-cryptocurrency-sales.html


http://mobile.reuters.com/article/amp/idUSKCN1C408N

So most likely the most of the ICO to be raised are the scams/shady

[batang_bitcoin]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

There are two Korea's so atleast be specific on where that Korea is but for sure this is South Korea. And also try to put an appropriate link since that article isn't translated and even google can't translate it.

Its official its all over the news

https://www.cnbc.com/amp/2017/09/28/south-korea-bans-all-new-cryptocurrency-sales.html


http://mobile.reuters.com/article/amp/idUSKCN1C408N

So most likely the most of the ICO to be raised are the scams/shady

Nice thanks for the appropriate link. I just noticed that CNBC is the most active mainstream media about cryptocurrencies recently.

[Onika84]

Its official its all over the news

https://www.cnbc.com/amp/2017/09/28/south-korea-bans-all-new-cryptocurrency-sales.html


http://mobile.reuters.com/article/amp/idUSKCN1C408N

So most likely the most of the ICO to be raised are the scams/shady

Oh dear, soon we will see crypto drama part 2. Hopefully, the Government should make the rules regarding how the ICO's running, do not play a role as a referee in a football match, but as a commentator.

[Kanapka]

Its official its all over the news

https://www.cnbc.com/amp/2017/09/28/south-korea-bans-all-new-cryptocurrency-sales.html


http://mobile.reuters.com/article/amp/idUSKCN1C408N

So most likely the most of the ICO to be raised are the scams/shady

It is not uncommon for the news to base their articles in unsubstantial or even falses sources. I don't trust them

[jtipt]

Korea gov is friendly with USA gov so I think they will just control ICO. not ban it. many good ICO from USA still coming

Most of the icos does not allow US participants

Are we gonna see ban on exchanges too?

That would be unlikely. Even the ICO bans is nothing more than rumors at this point, this could just be more FUD following China. Even if Korea bans icos I dint think it will have the same affect on BTC's price as much as the China ICO ban had.

[g4r1n1m]

ok, we have KMD dICO's, it will fix that
that is the perfect timing for ICO launches in KMD platform..

[TagaMungkahi]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

Did they say what is the reason or they are just riding the 'trend' of the Chinese Government?. Still South Korea supports bitcoin, I don't see anything wrong for Banning ICO, I just hope they will lift the ban and just regulate the ICOs it is also a great help since Korean Entertainment is Booming Worldwide, The Opportunity is still there, I just hope they use that opportunity.

[TagaMungkahi]

Korea gov is friendly with USA gov so I think they will just control ICO. not ban it. many good ICO from USA still coming

Most of the icos does not allow US participants

Are we gonna see ban on exchanges too?

I don't think that it will happen, South Korea is doing a good job on regulating Bitcoin it is for their own security and in order for them to prevent money laundering acts. It is better to regulate bitcoin rather than banning it.

[orions.belt19]

Unpleasant there is a tendency with the prohibition of ICO. After China and other countries began to look closely at such activities as the original offer of coins (ICO). Such a prohibition is useful only when the critical situation with this activity develops and is related to its non-transparency of conduct and a significant increase in the risk for investors that are associated with the possibility of fraud with investors' funds. I hope that this prohibition of ICO in Korea will be temporary and aimed only at good ends.

The Korean government probably just wanted to protect its citizens from getting scammed because the ICO investors are susceptible to scams. Some find ICOs to be very sketchy in nature and the possibility of fraud is highly possible since there is no control over ICOs. Hopefully this ban would be lifted in the near future so that the Korean citizens would be able to participate and invest because despite the numerous scams, there are worthwhile coins and ICOs out there worthy to invest in.

[Hyperme.sh]

I hope that this prohibition of ICO in Korea will be temporary and aimed only at good ends.

Hopefully this ban would be lifted in the near future so that the Korean citizens would be able to participate and invest because despite the numerous scams, there are worthwhile coins and ICOs out there worthy to invest in.

Australia has officially declared ICOs are securities.

Sorry unregistered ICOs will not be coming back. They’re going to zero.

[stealth.money]

No one care, Korean and Chinese volumes are fake and it not going to change much, price wise.