South Korea – Yesterday, South Korea’s National Assembly proposed to allow domestic initial coin offerings (ICOs) again. Back in September of last year, the government banned all ICOs and since, the country has taken a hit. Due to the ban, South Korean companies have been moving to other countries to launch token sales – specifically crypto-friendly Singapore and Switzerland.

The National Assembly is composed of 300 members and meet to discuss national legislature. The news outlet, Business Korea, announced this morning that the assembly has called on the South Korean government to lift the ban on initial coin offerings.