Despite the local ban, many Korean cryptocurrency users are still participating in international ICOs. Kang Young-soo, the regulator that oversees cryptocurrency trading policies at the Financial Service Commission (FSC), declined to comment on ICOs other than to say the FSC is considering a "third party view."
Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market
Bobby Cho has stated that a growing number of high net-worth individuals and institutional investors are accumulating Bitcoin (BTC) through the OTC market.
No More Waiting for Bitcoin ETF as Institutional Start Buying Cryptocurrencies in OTC Markets
While the world was expecting the Bitcoin ETF to be a doorway for institutional money to come into the cryptos it seems like institutional have found their way despite the uncertain that looms of the BTC ETF. Well a recent OTC Trade Data Shows Institutional Investors Now Dominate Bitcoin Markets with High Volume Trades
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