South Korea to Loosen Crypto Rules in Cooperation With G20 Directive

July 8, 2018

 

South Korea, a country that has banned ICOs, plans to loosen restrictions on cryptocurrencies based on efforts by G20 to create uniform regulations, according to The Korea Times. The G20 meeting established a July deadline for taking a first step on “unified regulations.”

The recent announcement from South Korea is part of a loosening of restrictions on cryptocurrencies as the digital assets become better understood.

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#SouthKorea

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