n In his statement at a public hearing of the National Assembly to tackle a proposed legislation for the creation of a legal framework on cryptocurrencies, FSC Vice-chairman Kim Yong-beom confirmed the commissions plan to regulate the local digital currency market in order to prevent illegal activities like money laundering and tax evasion.n

Source and More information: South Koreas Financial Services Commission Plans To Reverse ICO Ban

Author: CryptScout.com