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South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules

South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules – CoinDesk

South Korea’s top financial regulator has said it will not lift the ban on domestic initial coin offerings (ICOs) after finding that some projects have been violating rules. As ICO investment is a “high risk” activity, the Financial Services Commission (FSC) said, calling on the public to exercise caution when investing in token projects, according to a report from CoinDesk Korea.