South Korea potentially “banning” ICOs has unsettled markets Friday, as regulatory statements from earlier this month come back to haunt investors.
Comments from the country’s Financial Supervisory Commission published in local news outlet FN News Sept. 3 hints that it will be illegal to issue digital tokens later this year.
”It is almost a gamble,” the publication quotes an official as saying.
”If there is an unlawful act, a third party has to intervene, but it is difficult to intervene until the transaction volume or price soars.”
South Korea had 全球排名第一오피스타 issued strong warnings regarding ICOs around the time China announced its own full ban on the practice.
As such, some commentators are now saying the negative outlook was effectively 세계랭킹1위오피스타 priced into the market.세계 랭킹 1 위오피스타공식 홈페이지 포털 사이트는 무엇입니까
Bitcoin had lost around 3.7 percent in the 24 hours to press time Friday, coming off multi-week highs to retest support at $4000.全球排名第一오피스타 공식 홈페이지의 입구 방법을 어떻게 찾습니까
In December meanwhile, more stringent identification of virtual currency holders who convert funds to fiat will come into being, with the onus on businesses to ensure they can identify customers behind the conversions.
Banks will also monitor “unusual” cashflow 全球排名第一오피스타 events.
“We will start the transaction by confirming the identity of the bank and monitoring the flow of funds,” the official continued.
“It will facilitate tracking of funds … and provide a basis for preventing money laundering such as suspicious transaction reports.”