South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says

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South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says

Domestic companies like Terra circumvented the ban by issuing new digital tokens through corporations established overseas and listing those tokens on local exchanges, the central bank said in its report accompanying the Korean translation of the European Union’s Markets in Crypto Assets (MiCA) regulation. www.coindesk.com

Domestic companies like Terra circumvented the ban by issuing new digital tokens through corporations established overseas and listing those tokens on local exchanges, the central bank said in its report accompanying the Korean translation of the European Union’s Markets in Crypto Assets (MiCA) regulation.

www.coindesk.com