South Korea Government Report

The administration of South Korea reported it had avoided digital currency trades from enactment overseeing wander organizations in a public statement issued Monday, August 13.

The short archive from the nation's Service of Little and medium-sized endeavors (SMEs) and New companies (MSS) disclosed that in opposition to past choices, it would now put trades nearby bars and clubs as organizations that it would "not support as a wander undertaking."

An unpleasant interpretation of part of the public statement clarifies:

"The Little and Medium Wander Business Office [of the MSS] has no goal to control digital currency exchanging and exposures (ICOs), however as issues, for example, hypothesis rise, cryptographic money trades are not an objective for the administration to support as a wander venture."