China ICO ban is only temporary - surprise!

in cryptocurrency •  7 years ago 

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I saw this coming. Here's the skinny version:

"In his interview with CCTV translated by Box Mining, Bing explained that the suspension on ICOs and the government’s declaration of ICOs as an illegal fundraising method are only temporary, until local financial regulators introduce necessary regulatory frameworks and policies for both ICO investors and projects."

https://cointelegraph.com/news/china-ban-on-ico-is-temporary-licensing-to-be-introduced-official

Remember everybody - China is not stupid.

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china is manipulating

True. I think they are just profit taking through all of this.

I agree, they pull the market down then they will cancel all of that to normal to make huge profits.

They knew exactly what they were doing this whole week of FUD they created has made nice entry points in to many cryptos.

Great posta
CHINA is far from being stupid!. Drop the Bitcoin price, to buy low and sell high!
Obviously !
Keep posting man