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Regulators Worldwide Shift From Crypto Ban Approach to Light Regulation

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Mark Mason

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Regulators Worldwide Shift From Crypto Ban Approach to Light Regulation

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Regulators in South Korea, India, and the United States have shifted their regulation focus from attempting to ban cryptocurrencies to a lighter and more nuanced approach.

South Korean regulators will be announcing new proposed rules at an upcoming session of The National Assembly on July 13 to July 26. One regulator wants additional regulations on exchanges to prevent money laundering, cybercrimes, and data leaks, while another called for strengthening cryptocurrencies’ security measures. These desires follow the same path as the recent South Korean government’s announcement that they plan to reverse the ICO ban that was enacted in September of 2017.

Read more: https://www.dashforcenews.com/regul...from-crypto-ban-approach-to-light-regulation/
 
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