China Central Bank Attacks Financial Order-Disrupting ICO’s

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China has never been a friend to the crypto-verse, but it really despises Initial Coin Offerings (ICO). The Middle Kingdom’s central bank recently released its latest public statement-salvo. It “reminded” Chinese investors that the risks of both cryptocurrencies and ICOs are potentially substantial. The Shanghai-based central bank stated in no uncertain terms what it thinks … Continue reading “China Central Bank Attacks Financial Order-Disrupting ICO’s”

China Central Bank Issues Another ICO Warning

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The People’s Bank of China (PBoC) is out with a new warning. In fact, the newly issued note disapproves of the unauthorized and illegal ICO financing model.  That’s because it represents a “serious disruption” for the “economic, financial and social order,” as reported by Coindoo.com. “[ICOs are] suspected of illegally selling tokens, illegally issuing securities, … Continue reading “China Central Bank Issues Another ICO Warning”