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initial coin offerings News

South Korea follows China in banning cryptocurrency ICOs

Seoul - The South Korean Financial Services Commission announced it will ban raising money for all forms of cryptocurrencies through initial coin offerings (ICOs). The Commission said that trading in the currencies needs to be tightly controlled and monitored.

Op-Ed: A deadly digital transformation? Cryptocurrencies on the rampage

Sydney - Since Bitcoin started, everyone, meaning absolutely everyone, has been trying to get in on the action. Speculators are plowing money in to cryptocurrency startups, and the monster is getting bigger.

Bitcoin plummets on news China may ban cryptocurrency exchanges

The value of Bitcoin has plummeted on reports China is preparing a ban on cryptocurrency exchanges. If the decision is confirmed, it will be the second hostile move against the $150bn cryptocurrency market in under a week. China's already banned ICOs.
 

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