China ban: who's the next? - page 2.

helloge

legendary

Activity: 1057

Merit: 1000

The Experience Layer of the Decentralized Internet

Quote from: shaza4061 on September 12, 2017, 07:31:17 AM

Quote from: cryptoking710 on September 12, 2017, 07:29:05 AM

I think any country that realises shed loads of cash leaving the country unregulated will soon try to stop it and bring in regulation.

I just read about Canada and they are allowing the first regulated ICO.

Yes europe could be next.

2018 year many regulations will come I guess - Europe, Russia.

Yes, I think more and more counties will join in to ban the crazy ICO since the ICO is too easy to raise a lot of money, and of course it is a very high risk investment, but I think these counties will keep supporting the block chain development.

webmastax

full member

Activity: 280

Merit: 108

Any country having their citizens using bitcoin so much will think to regulate ico's or ban them in extreme steps to control circulating money.
I think maybe Europe, Russia, north America and some Asian countries are the next.

tsaroz

legendary

Activity: 3150

Merit: 1069

ICO needs to be regulated. They are different from cryptocurrencies as the price of tokens are predetermined.
But the press is making this process so scary, they are calling it a ban on exchanges and cryptos at a whole.

shaza4061

newbie

Activity: 57

Merit: 0

Quote from: cryptoking710 on September 12, 2017, 07:29:05 AM

I think any country that realises shed loads of cash leaving the country unregulated will soon try to stop it and bring in regulation.

I just read about Canada and they are allowing the first regulated ICO.

Yes europe could be next.

2018 year many regulations will come I guess - Europe, Russia.

cryptoking710

member

Activity: 98

Merit: 10

I think any country that realises shed loads of cash leaving the country unregulated will soon try to stop it and bring in regulation.

I just read about Canada and they are allowing the first regulated ICO.

Yes europe could be next.

Helga.Alekseyuk

member

Activity: 83

Merit: 10

Hey, crypto-people.

Recetly I've read on coindesk.com that another Another ICO Conference has been cancelled in Shanghai, which China Ban caused.

A conference expected to focus on token sales has been cancelled following news that regulators in China have formally outlawed the use case.

Organizers of the forthcoming Token Economy Summit, to be held in Shanghai later this week, confirmed to CoinDesk they will no longer be hosting the event. The summit, scheduled as a one-day session on September 17, was being organized by local cryptocurrency hedge fund and trading group Fintech Blockchain Group.

In statements, a representative for the conference cited the change in policy as reason for the cancellation, calling the event "too risky" in the current climate.

The news follows a September 2 report that the 2017 DACA International Blockchain Summit, organized by local interest group Decentralized Autonomous Coalition Asia, had been cancelled for similar concerns.

Styled after the New York-based Token Summit event, held this May, Token Economy Summit was said to be expecting more than 1,000 international and local guests for panels and workshops on initial coin offerings.

Ok, is it possible that EU will apply the same regulations within its area ?

Topic: China ban: who's the next? - page 2. (Read 555 times)