Post
Topic
Board Announcements (Altcoins)
Re: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10
by
danspasiva
on 24/09/2017, 16:07:25 UTC
yes, its not being banned in china.. $50 neo will be back very quickly.

Where have you seen this info in regards to NEO not being banned?  Isn't all crypto trading banned in China? NEO included?  How does this affect NEO?


"NEO is working on a global legal framework for smart contracts on NEO so that people holding token sales on NEO can do it legally in most major countries."

https://www.forbes.com/sites/laurashin/2017/09/19/from-blockchains-to-mooncakes-two-chinese-crypto-founders-on-the-ico-and-bitcoin-exchanges-ban

sounds great, thank you for this,
i still believe in neo!
Today I read an interview of the NEO founder Da Hongfei in Dutch financial newspaper that Chinese ban is a myth and this is all the machinations of the regulators. So wait a pump Wink

I actually saw this too but you wrote an over generalization that needs to be fixed.  Basically he said that the mining ban is a myth and that prior to the ICO ban he was contacted by officials who gathered information about NEO from him.  After that NEO offered their refund which obviously not a single person took them up on, and the ICO ban is still real, the exchange ban is potentially permanent, and crypto trading in general has no indication as to whether it will be allowed in any sense whatsoever.  There is uncertainty in regards to over the counter exchanges as well, so it's good not to jump to conclusions and wait to see what the reality is.  The ban IS real.