South Korea’s National Assembly Officially Proposes Lifting ICO Ban

South Korea's National Assembly Officially Proposes Lifting ICO BanSouth Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space National Assembly’s Proposal […]

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Venezuela Approves Decree on the Use of Cryptocurrencies

Venezuela Approves Decree on the Use of CryptocurrenciesVenezuela’s National Constituent Assembly has approved the decree on the use of cryptocurrencies and the country’s new “oil-backed” currency, after repeatedly declaring the Petro illegal. The new currency began its initial coin offering last month as the Venezuelan president continues to strongly push its use. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

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South Korea Planning to Formally Allow ICOs

South Korea Planning to Formally Allow ICOsRegional news sources report South Korea’s financial authorities are working on legislation to formally allow initial coin offerings (ICOs) in an effort to appear more welcoming to the larger financial technology community. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining South Korea Plans to Make ICOs Legit Online news source The Korean Times reported this […]

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No, Mainstream Media, That Country Did Not Ban Bitcoin. Again.

No, Mainstream Media, That Country Did Not Ban Bitcoin. Again.Headlines roared late last night in the western hemisphere, morning in the east, as mainstream media outlets breathlessly ran with an initial report from a legacy wire service: the Republic of South Korea is to ban cryptocurrency. The truth is more subtle, and it’s fast becoming an object lesson in fear, uncertainty, and doubt (FUD). […]

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Venezuela’s Oil-Backed Cryptocurrency Declared Illegal

Venezuela's Oil-Backed Cryptocurrency Declared IllegalThe Venezuelan parliament has declared the oil-backed cryptocurrency created by President Nicolas Maduro illegal and in violation of the country’s Constitution. Maduro’s decree to create the national cryptocurrency, the petro, has been declared null and void. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Venezuelan Parliament Declared […]

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