Quote from: Meteeray on April 18, 2018, 08:45:54 AM

Quote from: ericbai1989 on March 27, 2018, 04:48:36 AM

According to https://t.me/oneminute_crypto_news which translated the source from Sina, a Chinese media website, that in a conference held by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.

I agreed that Dong Yang is not a high-level official and he is a professor at Renmin University who is active in the crypto space. I think the focus of the news should be:

1. The Chinese SEC is revisiting the crowdfunding tool;
2. The so-call legit ICO may actually become a tool with heavy regulation in the cryptocurrency space.

So, please wait and see.

If this news are true and will be actualize, it's really good new for crypto economy. China, despite the ban on the most powerful player on this market. If the bans are removed, the prices will be affected positively.

It is unlikely. Without policy, everything is false. China has been very cautious about ICO. It doesn't make sense to rely on only a few people.