There is no new with that matter .
Chinese government always banned all threat to their economy.
Because they do believe that Crypto currencies is a cause of bankruptcy to their national banks.
It could be hard for them to trace people who are bitcoin users. So the only way is to banned all cryptocurrencies to their nation.
Topic: Chinese government banned all of ICOs - page 2. (Read 2693 times)
This information is not happy for investors.
Governments make that legislation, too, because vig in the field today, many frauds affect a lot of people.
Governments make that legislation, too, because vig in the field today, many frauds affect a lot of people.
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
For me it is a good news. ICO project needs regulation to avoid many scammers that use ICO to steal investors money. It also have a good effect in Bitcoin because only legit ICO will get a funding and it is a win win situation between the community, investors and the ICO developers. Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
not a good or bad move to ban icos depending on the ICO. there should be a better way to sieve the chaff from the legit ICOs rather than banning them all. seems like a loss in the cryptosphere in general as it seems to affect prices already. we need all the money movements we can get be it through ICOS or other forms of crypto investments.
Before the Chinese government keep on banning an ICO but now they are promoting it. Majority of the Chinese are the businessmen and anything that they can earn they will gamble on it. They saw the potential of crypto thats why they are in on it.
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
This is just one country and everything. Moreover, people always find ways to bypass any prohibition. And honestly, you need to think for yourself personally, not all countries do not allow people to earn on such projects. Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
This news is quite alarming. Many of the investors and bitcoin users are based on China, considering their population and knowledge about cryptocurrencies. We hope that this banning is not permanent and hopefully soon, their government will legalize and unbanned all ICOs.
Apart from the fact that the Chinese government has no longer been displaying any assist for cryptocurrency, I seem to like this pass in a way. For one reason that majority of the ICOs are now scams. ICOs may additionally be totally scrapped in future if there is no suitable way to display and certify the tasks earlier than human beings invest.
Today, China still remains one of the most influential countries for crypto currency. The ban they imposed - it is temporary. Soon when the country will understand how to regulate new projects and how to control, then China will allow new projects!
what projects can you advise 
I'm sure this is a temporary ban! China should understand that the crypto market is the future from which you can not turn away! already today very large miners have moved to other countries! With such tempi, China can lose its leading place in the development of the crypto world!
Banning bitcoin and all ICO's and related to cryptocurrency have bad effect because the citizens will not invest and use crypto because they already banned but I hope china unbanned all ICO's so their citizens will invest to ICO and crypto.
Bad news. China is a big country. All their decisions will affect the cryptocurrency market.
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
this is 2017 but china is the one who can control the value of all cryptocurrency in markets becuaset hey have a lot of money so they said a lot of fud news so people sell their bitcoins or some crypto so they will buy it . Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
China is one of the most powerful countries. and the development of technology in them is ahead of the world for several years. they first prohibit the ICO but then they will settle everything and will keep under control.
That's very bad news because China is most valuable country for crypto currency world.I think this is very shitty decision by chinese government.Sometimes i heard BTC is banned in china what the hell is going on china.
News from China come daily)) I hope soon this hysteria will end)
Wow, I just heard this news. I just want to tell you about one of the facts that I saw from China. Indeed the Chinese government bans the ICO but I see many Chinese people who do not comply with this rule. They realize that the ICO brings many benefits and is a fertile investment land if we are right in choosing an ICO. I see that most of them survive to benefit from the ICO. Therefore, despite how the government rejects the ICO, but if the people still love the ICO, then it is the same as in vain because the people will be determined how to continue to join the ICO.
For half a year or so, China was the dominant region for bitcoin in the world, but then, when capital flight from the country accelerated, the government and the central bank began suppressing the crypto currency, first by banning ICO, and then closing the local exchanges
This news really makes investors feel nervous as most investors expect China to recognize electronic money as legitimate. But the Chinese government is taking steps to ban all ICOs and this is a totally unfavorable thing with electronic money. I hope the market remains stable and continues to grow.
This news is old from last year and since The country changed their mind about this (if I am correct)
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