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How to tackle ICOs to avoid regulatory issues
Publié: septembre 15, 2017, 10:21pm CEST par Nick Evdokimov
In an alarming but long-feared move, Chinese authorities announced on September 4, 2017, that from then on fundraising Initial Coin Offerings (ICOs) will not be allowed to take place on the domestic market. ICO technology can be used as a tool to collect funds from backers to launch new blockchain projects. The Chinese regulators instructed companies that have already completed their fundraising ICOs to refund the payments to their backers, and the public and financial institutions are asked to report to the authorities all suspicious fundraising activities involving ICOs and cryptocurrencies. Naturally, this development threw the Chinese blockchain community into disarray.… [Continue Reading]