China Cracking Down on “ICOs in Disguise”

Retrieved on: 2018-01-14 03:07:30

Tags for this article:

Computing

Initial coin offering

Click the tags to see associated articles and topics

China Cracking Down on “ICOs in Disguise”. View article details on hiswai:

Excerpt

<div>Reminding its members to beef-up their self-regulation and “refrain from participating in speculation of ICO or <b>virtual currencies</b>,” NIFA argued that the Lianke token “substitutes Lianke for the duty to pay back project contributors with legal tender” and as such is “a financing activity and a form of disguised ...</div>

Article found on:

View Original Article