Yesterday I talked about how exciting it was that the market was growing with the help of institutional investors. Today, I came across a headline which is representative of the uncertainty in the market. The headline was "Vietnam’s Securities Watchdog Bans Industry from Cryptocurrency Activity: Report".
Vietnam has seen some very unscrupulous operators in the field of crypto tokens. Last year a lot of investors lost their money when a local company Modern Tech promoted two fraudulent ICOs and swindled people to the tune of US$660 million. It is more account of the local scenario and has little reflection on the ICO industry on the whole.
That said, OiX is just what Vietnam needs. It needs a platform where the background checks are carried out on promoters as well as the investors. The various programs of OiX like RiskMinimizer, GOLD, OPEN, to name a few, have been set up with the aim of regulating and safeguarding.Invest in LEGAL ICO - https://OiX.li/
Read more: https://goo.gl/DfHwQB