Topic: Breaking: China May Legalize ICO Soon - page 3. (Read 529 times)
Why wouldn't they? If this is their way to make their own companies have an easy way to collect some cash, they will really legalize it. I mean they are only stopping their own citizens on creating their own ICOs, now this will be their time to have their own tokens. This could be an interesting thing to see as a lot of new coins will appear in the market knowing that China will be an available target for them.
A telegram channel isn't an enough proof to say that China may legalize ICO soon.
And there's the word "may" so it is still uncertain and it's better not to assume anything with it.
Can anyone show that proof from the Chinese Sec that tells that they are conducting a legal research to legalize ICO?
And there's the word "may" so it is still uncertain and it's better not to assume anything with it.
Can anyone show that proof from the Chinese Sec that tells that they are conducting a legal research to legalize ICO?
Yes you are right,but I think its inevitable process not only for China,its about all countries which don't have good dependence about crypto issues.People remember about ethereum and other good projects which were very profitable for investors,For me its not an argument that ICOs maybe scam,Everyone has their own choice and we need more observations and researches in another situation you will be loser,that's an axiom...We don't have proofs but we have expectations because we know that developed countries do everything for their own well-being and this process will be only profitable for their economic,Thats fact...
I don't know how it's going to be, but I like that cryptocurrency projects are leaving China. This is an authoritarian country and it seems to me that the entire cryptocurrency community can not fall into dependence on unpredictable decisions of one person. I am for mining, stock exchanges and all the rest of the infrastructure of the cryptocurrency was distributed around the world.
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.
LOL. I have a good chuckle to be honest. PBoC already shuts it door on crypto and ICO and now they are making a legal research to legalize it? What is going on in this world? Seriously, I will take everything with a bag of salt coming from China, just like what I have been preaching for almost a year now with Russians. Although nothing is permanent, but I'm 100% sure that Chinese will not legalized anything related to crypto, heck they might even put a total hammer ban that's why Bitmain is ensuring that it will continue its business by eyeing Canada to moved its bitcoin mining farm. And if they did changed their mind, what do you think will be the main reason for a sudden U-turn again?
Just like many members of this forum, I would rather believe it when it is already announced by the government officially. As of now, this is just speculation though a positive one. We all know that the Chinese government decided to ban ICO all because it can be something they can not control and they are afraid the platform can be used for illegal purposes. In case the government has a change of mind and would later on allow ICO under a very strict regulatory framework then I myself will welcome the development but as of now I would just not pin any hope on it.
It may be difficult step for the government to take considering the past that China had came strongly against it and had banned the ICO. They had their own reasons for banning it and thus market did fell badly after their announcement So not sure now why will government reverse their decision on this. Will wait till further announcement.
Just like many members of this forum, I would rather believe it when it is already announced by the government officially. As of now, this is just speculation though a positive one. We all know that the Chinese government decided to ban ICO all because it can be something they can not control and they are afraid the platform can be used for illegal purposes. In case the government has a change of mind and would later on allow ICO under a very strict regulatory framework then I myself will welcome the development but as of now I would just not pin any hope on it.
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.
If it become legal we may find the big changes in the market positively. Please keep on the chinese news sites bro. Since the China communist I was really fear about their move on last year August month.
They tried to ban the crypto currency completely but due to crypto investors pressure they have regulate the bitcoins trading and no stopping completely yet. Hope it may become a legal currency Japanese done already in the market.
More Details Pls
If this is a valid news that would be very good for the crypto market. China would make a smart move with this. Every country that gets into crypto would benefit. They are concerned about control, but that could be regulated inside of each country. Not my favourite thing to say, but it could work for China too. They are producing computer and phone hardware like crazy why not the software and blockchain too.
But they already forbid bitcoin before, why they still interest on bitcoin technology ?
For me personally it will bring back bitcoin glory just like last year so just like I said, the time will reveal how further bitcoin will keep going as I can see bitcoin will keep growing exponentially !
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.
Будущее за четким правовым регулированием. Сделают это правильно и будут первые в этой сфере!
If this is a valid news that would be very good for the crypto market. China would make a smart move with this. Every country that gets into crypto would benefit. They are concerned about control, but that could be regulated inside of each country. Not my favourite thing to say, but it could work for China too. They are producing computer and phone hardware like crazy why not the software and blockchain too.
To be honest I dont really believe it, the Chinese government always change decision but in the other hand we would never know.
A telegram channel isn't an enough proof to say that China may legalize ICO soon.
And there's the word "may" so it is still uncertain and it's better not to assume anything with it.
Can anyone show that proof from the Chinese Sec that tells that they are conducting a legal research to legalize ICO?
And there's the word "may" so it is still uncertain and it's better not to assume anything with it.
Can anyone show that proof from the Chinese Sec that tells that they are conducting a legal research to legalize ICO?
So,People make concrete suggestions regarding policy changes,ICO issues are particularly urgent today in china and as i know the majority want it to regulate by more liberal approaches,to realize their economical-social activities as they want,More widely... I said the same a long time ago, when china was baning it.In my opinion china would come back to the business and I hope it will be very soon,because we live in society where is unlimited demand and people want to do everything good for their own-well being and that's why I think people's will will be more powerful than others.
Well, I do not think that china will legalize ICO and particularly in this period, because there are widespread issues in that field, due to the global banning, especially in internet (Twitter, Google, Facebook) and the governments from the other side. Moreover, there are many fake ICO'S (Scammers) and they spread in everywhere.
Furthermore, If china will find a solution to those problems and especially the fake ICO's, then it will be possible to legalize ICO in the near future and I think it will be achieved soon, because china know that due to ICO and the era of cryptocurrencies in general, it will have a great importance in the development of the economy.
Furthermore, If china will find a solution to those problems and especially the fake ICO's, then it will be possible to legalize ICO in the near future and I think it will be achieved soon, because china know that due to ICO and the era of cryptocurrencies in general, it will have a great importance in the development of the economy.
I do not think so as there are many rumors about legalizing ICO. And even if they are going to legalize it, restrictions and regulations are going to be put as well, not to mention that China always strives to fight against these ICOs. I do not think they will give up now. But perhaps in the future. Maybe if these unemployed people who are working online to gain coins will revolt against the government which is hard to do, but still they need to do something about it.
If you properly develop the ICO, it can help China to compete with the US in the development of its own technologies. The Chinese economy is developing at the expense of cheap labor and poor environmental control. It seems to me that the Chinese government should consider how not to miss such a chance.
I guess it's kind of good that they're acknowledging the issue, but I doubt that this is going to happen anytime soon. This "research" could take years. You never really know what the Chinese government is up to.
More importantly, they still have their capital outflow problem, which is the primary reason they decided to ban ICOs in the first place. Even if it did get legalized, I'm sure it will be accompanied by very heavy regulations.
More importantly, they still have their capital outflow problem, which is the primary reason they decided to ban ICOs in the first place. Even if it did get legalized, I'm sure it will be accompanied by very heavy regulations.
china apparently have strong power to influence development of cryptocurrencies because if the negative news come from china then the price of bitcoin will suddenly fall and whether that's valid news or not because china already banning crypto and their crypto exchange also were shuttingdown because china government want protect their people from scam ICO however if this is valid news then the price of bitcoin will rise up soon and plenty upcoming ICO project will appears which is good for us
To be honest I dont really believe it, the China government always change decision and seems like want to take control of everything, if the news is true, I still brlieve it won't stay for a long time, the government actually never want to approved crypto but since the crypto could be the future currency, so they take a step back and learn about it further
But I think by regulation of crypto currency they will get more benefits than by banning it because china is one of the most pupulated country so if the crypto currency get it into the use there then they can get more taxes than now which can be used for the country's development.But as you said china is changing its decision too often so there is no assurance that they will make it legal. Jump to: