[2017-09-04] China Begins Blanket Ban On Cryptocoin/Bitcoin ICO's

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China has officially outlawed all ICO's making them completely illegal in the eyes of the law. As announced by the peoples bank of china, a announcement was released today illegalizing all forms of currency issuing activities. This term includes, participating, creating or even promoting ICO's all of which are now not permitted in the country

SOURCE : http://btc.ng/bitcoin-usage/china-begins-balnket-ban-cryptocoinbitcoin-icos/