Just recently the European Central Bank (ECB) has yet again commented on the Facebook Libra project and now they are saying that “it’s too dangerous” and regulators need to improve the way they work.
The new ICO solution has been jointly developed by Microsoft Azure and Stratis – an ICO platform that offers KYC solutions, custom branding and support for different currencies.
According to FSC, the ban will not be lifted, as firms conducting ICOs were making use of foreign jurisdictions, simultaneously raising funds from South Korean nationals.
On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.