China bans ICOs

in crypto-news •  7 years ago  (edited)

If you were wondering why the market is so red today, this probably explains it.

Source:
1

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Steimit Bank invested in your post.

Follow Steimit Bank

So realistically what do we think this means for coins already going. Like NEO and QTUM?

Qtum's ICO has completed right, and NEO's ICO barred Chinese investors just recently?

They're not banning the use of the coins right; just this type of funding?

Here's a useful explanation:

Thank you that was helpful :)