Post
Topic
Board Altcoin Discussion
Re: Will China ACTUALLY ban ICO’s?
by
Btcnaivie
on 24/08/2018, 13:08:24 UTC
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?


The ICO ban is not a statement on either blockchain or innovation. Given the authorities' recognition that they need to continue to modernize the financial system, and the desire to become an increasingly important player in global markets, it is unlikely that the ban will last for long.