In his statement at a public hearing of the National Assembly to tackle a proposed legislation for the creation of a legal framework on cryptocurrencies FSC Vice-chairman Kim Yong-beom confirmed the commissionβs plan to regulate the local digital currency market in order to prevent illegal activities like money laundering and tax evasion. via ICGO https://www.icgo.co.uk/redirect/?url=https://cointelegraph.com/news/south-koreas-financial-services-commission-plans-to-reverse-ico-ban