Headlines for the world of Cryptocurrencies - March 13, 2018
South Korea To Allow ICOs Again With New Regulations
Six months ago, South Korean government banned initial coin offerings (ICOs) due to fraud issues that may harm investors.
A report says that the government is currently planning to reverse the ban under certain conditions that are yet to be revealed.
Financial authorities are currently making talks with the country's justice ministry, tax agency and other pertinent government offices regarding the plan.
A Bank In Thailand Adds Euro And Pound To Its Ripple-Based Remittance Platform
Siam Commercial Bank (SCB) has recently adopted Ripple's blockchain technology to its remittance services.
The blockchain powered remittance system was only available for the Japanese yen.
Today, report says that SCB is adding remittance options in euros and pounds.
The service is initially available for retail clients with inbound cross-border money transfers and the bank is also looking for new correspondent in the Ripple network.