South Korea to Publicize Its ICO Decision in November South Korean government is “likely” to legalize its official position on Initial Coin Offerings (ICOs) in November. Based on the local business newspaper The Investor report published on Thursday, Oct. 11, citing a “top official,” Hong Namki. According to a National Assembly committee, Business Korea is dedicated to studying the so-called „Fourth Industrial Revolution‟ and South Korean government is “likely” to legalize its official position on Initial Coin Offerings (ICOs) in November. Based on the local business newspaper The Investor report published on Thursday, Oct. 11, citing a “top official,” Hong Nam-Ki.
According to a National Assembly committee, Business Korea is dedicated to studying the so-called „Fourth Industrial Revolution‟ and stated that it would seek to enhance the legal “basis” of cryptocurrency in the country, part of which would be reversing the ICO ban which the government approved in September 2017.