Topic: China can lift the ban on crypto-currencies and ICO - page 2. (Read 157 times)
That's an interesting development. Much as i loath China for what they did to the market last year, I'll be happy to have them back to give this market a shot in the hand
There are reshuffles in the main bank of China. Now the post of director was taken by E Gang, a man who always openly supported crypto-currencies.
For 15 years the Central Bank of China was headed by Zhou Xiaochuan. Under his leadership since mid-2017 a ban on operations with the crypto currency and the conduct of the ICO has begun. More than 90% of ICO projects were forced to return investors their investments. This has become almost a disaster for programmers and entrepreneurs. In February 2018 the regulator prohibited companies the trading on foreign crypto-exchanges.
E Ganges, on the contrary, promises to carry out a number of reforms in the industry that will influence the development of the crypto currency in China. He refused to disclose the details.
In this connection investors are waiting for the improvement of the situation in the country and around the world.
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