South Korea to Loosen Crypto Rules in Cooperation With G20 Directive
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.
