Post
Topic
Board Legal
Re: Breaking: China May Legalize ICO Soon
by
onrise
on 29/03/2018, 05:16:21 UTC


Just like many members of this forum, I would rather believe it when it is already announced by the government officially. As of now, this is just speculation though a positive one. We all know that the Chinese government decided to ban ICO all because it can be something they can not control and they are afraid the platform can be used for illegal purposes. In case the government has a change of mind and would later on allow ICO under a very strict regulatory framework then I myself will welcome the development but as of now I would just not pin any hope on it.

It may be difficult step for the government to take considering the past that China had came strongly against it and had banned the ICO. They had their own reasons for banning it and thus market did fell badly after their announcement So not sure now why will government reverse their decision on this. Will wait till further announcement.