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Topic: Reverse the bans! Sign the petition to reinstate ICOs in China and South Korea - page 2. (Read 415 times)

sr. member
Activity: 602
Merit: 252
I understand your urge to continue ICOs and altcoins in China and South Korea but take it from me, even if you get 7 billion signs on your petition (just about the number of people in this world), those countries would still not listen to anybody. Their decisions are completely based internal decision making which is carried out by the communist government and we all know how communist governments work in this world.
Anyways, signed the petition for the hope of good.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Why not unban the U.S. too? Grin Grin
full member
Activity: 139
Merit: 100
ClearLunatic @ PrimeDice
copper member
Activity: 4
Merit: 0
I agree! Signed the petition.
full member
Activity: 317
Merit: 104
Click here to SIGN THE PETION

The People's Bank of China & South Korean Financial Services Commission should reverse their bans on ICOs immediately as they are sending a global message that stifles innovation.

Regulatory bodies are there to protect investors, but in this case, such an outright and draconian ban only leaves their countries wallowing behind the rest of the world.

Cryptocurrency and blockchain technologies are the next internet, that will bring about new powerhouses like Google and Amazon. Do China and South Korea really want to stand by the side while other nations give birth to these new giants? Financial regulatory leaders cannot be so heavy handed and short sighted, as this ultimately cuts them off from what is promising to be as significant for global innovation as the internet was in the twentieth century.

Let's demand a more enlightened position. Citizens of China and South Korea deserve to play a role in the adoption of this technology that will change the world.

The OPEN Initiative stands alongside those who support mainstream adoption of cryptocurrency and blockchain technologies.

Join us as we oppose these unjust actions, and together we can send a positive signal to other regulatory bodies that the blockchain space needs room to breath, evolve and prosper.
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