feed on feeds - 2017/09/29 - items 0 to 15

An anonymous reader quotes a report from Reuters: South Korea's financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial Services Commission said all kinds of initial coin offerings (ICO) will be banned as trading of virtual currencies needs to be tightly controlled and monitored. The decision to ban ICOs as a fundraising tool was made as the government sees such issues as increasing the risk of financial scams. "Raising funds through ICOs seem to be on the rise globally, and our assessment is that ICOs are increasing in South Korea as well," the regulator said in a statement after a meeting with the finance ministry, the Bank of Korea and the National Tax Service. "Stern penalties" will be issued on financial institutions and any parties involved in issuing of ICOs, the statement added, without elaborating further on the details of those penalties.

Read more of this story at Slashdot.

From a report: Catalonia's High Court on Friday ordered Google to delete an application that it said Catalan separatists were using to spread information about a disputed independence vote this Sunday. The court said the "On Votar 1-Oct" application on the Google Play smartphone app store opposed an order in September from Spain's Constitutional Court to suspend the referendum while it determined its legality. The court also ordered Google to block any future applications developed by the gmail address "Onvotar1oct@gmail.com', according to a written ruling. Nobody at Google in Spain was immediately available to comment.