Topic: All ICOs Banned in South Korea (Read 290 times)
Just wait some time. China already "Banned" crypto, but it turned out that they only wanted to prohibit SCAM ICO.
Throughout east Asia, apart from Japan, every country seems to be unfriendly to new things like ICO.This is because east Asian countries are still much lower than those in Europe and the United States.
You can now bypass ICO bans by using Supernet's new dICO based on the komodo platform.
Monaize will be the first ICO to utilise it on Nov 10th :
https://www.monaize.com/#/uk/ico
Monaize will be the first ICO to utilise it on Nov 10th :
https://www.monaize.com/#/uk/ico
Banning an ico is always bad for Bitcoin and cryptocurrencies. It may confused other people the Bitcoin is also scam and not to be trusted. The government should filter only those scam Ico and are using ponzi schemes.
Bitcoin Falters as South Korea Follows China By Banning ICO. What do you think about this.
They're not banning Bitcoin but ICOs, the reason to this is they're making their own crypto currency and ICOs will make future sabotage according to them. To maintain a sovereign assets relies on their financial stability hence adapting an ICO or tolerating exchange for different Altcoins will cripple their own crypto.
they ban ICOs because of multiple different reasons and all the countries share these reasons.
one of them is the fact that initial coin offerings are a type of fund raising to get a very large amount of money for a (so called) company that is not registered or in other words exists illegally and is receiving a lot of money!
the other reason is obviously taxes! these so called companies do not pay taxes and government sees no easy way to tax them either.
there is also always money laundering too. you run a fake ICO, put your money in it. you'll get easy laundered money.
Bitcoin is mother coin of all cyprocurrency.If Banned bitcoin in South Korea than face many many problem in South Korea.
Bitcoin Falters as South Korea Follows China By Banning ICO. What do you think about this.
They're not banning Bitcoin but ICOs, the reason to this is they're making their own crypto currency and ICOs will make future sabotage according to them. To maintain a sovereign assets relies on their financial stability hence adapting an ICO or tolerating exchange for different Altcoins will cripple their own crypto.
Bitcoin Falters as South Korea Follows China By Banning ICO. What do you think about this.
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