Topic: Breaking: China May Legalize ICO Soon - page 4. (Read 585 times)
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
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.
I always wonder and salute China for making a brave steps ahead. Just take an example India. Though China is large populated, they manufacture their own products and develop the country wealthier day by day adapting to new technology like blockchain and inventing its own crypto currencies. Where as India, Its too fully populated, but allows other nations to rule over the market and never takes a step forward to adapt new things like blockchain and etc. The leader focuses on piling up his wallets with more money and assets. Very sad.
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.
They are banning ICO and even Bitcoin currency so many times before but the truth is as one of the most advance countries they realized how important and how huge will be the opportunities that will going to lost if a certain country will not grab the crypto currencies existence as investments. Sometimes i will think that there just banning Bitcoin and other crypto currencies before because i believed that they will just want to manipulate it in order to control the crypto currencies market but they always failed.
Many predicted that China will not be able to stay away from the world development in the field of crypto currency for a long time, as this country will lag behind other countries, as well as lose the opportunity to make a profit. So sooner or later, however, this should happen. This is in any case a good news, as the ICO process is going to be regulated there, and it is already ripe for a long time. This will encourage other countries to regulate ICO projects. Recently the first step in this direction was taken by France, where the Minister of Finance instructed to prepare the relevant normative document.
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.
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