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The news came out after hearing that its government plans contain investing $4.4B in of areas that includes blockchain.
After banning ICOs way back October last year, the country’s government said to finalize and will announce the result probably next month. It was remembered that South Korea, tried to allowing ICOs again last August but then needs to deliberate more and discuss further.
Earlier today, the country's primary market regulators affirmed that they are still studying the major fallouts for legalizing the said matter but still hearing suggestion in considering its launch. The new bill drafted to legalize ICOs and crypto tokens existed a long time go, followed by lifting ICO ban with government supervision.