Nearly six months after a blanket ban on ICO (initial coin offering) fundraising, South Korean regulators are reportedly planning to allow ICOs, under certain conditions. South Korea’s financial regulator and watchdog first banned initial coin offerings in late September 2017, citing concerns about fraud as a means to ultimately protect investors. The restrictive curbs came …
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The Cambodian government, while pursuing its own cryptocurrency Entapay, has paradoxically banned financial institutions from engaging in cryptocurrency transactions, creating a state of confusion for the country’s cryptocurrency entrepreneurs. Men Sam An, Cambodia’s Deputy Prime Minister, recently announced the launch of Entapay, a cryptocurrency, and encouraged the company to abide by the company’s laws, according …
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