South Korea's ban on initial coin offerings (ICOs) could be eased in the coming months, according to a new report.
CoinDesk reported in September that the country's Financial Services Commission had moved to prohibit the blockchain funding model. Yet a new report from the Korea Times suggests that the ban may be lifted in part, specifically for token sales that meet as-yet-to-be specified conditions.
An anonymous source told the newspaper:
"The financial authorities have been talking to the country's tax agency, justice ministry, and other relevant government offices about a plan to allow ICOs in Korea when certain conditions are met."
https://www.coindesk.com/south-korea-may-lift-ico-ban/