CNBC.com China bans companies from raising money through ICOs

in ico •  7 years ago 

China bans companies from raising money through ICOs, asks local regulators to inspect 60 major platforms
Chinese regulators are about to start a campaign related to the country's initial coin offerings (ICO), according to a Caixin report
In a document, authorities said they have banned new projects that raise cash or other virtual currencies through cryptocurrencies
A list of 60 major ICO platforms were provided for local financial regulatory bodies to inspect and report on, according to Caixin
Saheli Roy Choudhury | @sahelirc
Published 3 Hours Ago | Updated 1 Hour Ago
CNBC.com

ico news
7 years ago by

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