Bitcoin News 5 September 2017 – ICO’s Officially Outlawed in China

in #bitcoin7 years ago

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Bitcoin News Today with the leading story on the ICO clamp down recently and the latest move to officially outlaw ICO’s. As reported by Coindesk, “In a joint statement issued by seven financial regulators today, the world’s most populous nation outlined why it believes that nascent fundraising mechanism is illegal under the domestic law. Authorities backing the statement include the People’s Bank of China, the Central Network Office, the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, the China Banking Regulatory Commission.
https://bit-media.org/news/bitcoin-news-5-september-2017-icos-officially-outlawed-in-china/

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