China bans Initial Coin Offerings.

[GreenCoin22]

This story is true, IC but NO O


China's central bank, the People's Bank of China (PBOC), issued a statement on Monday ruling that "all types of currency issuance financing activities shall cease immediately".


http://www.iii.co.uk/articles/441171/cryptocurrencies-plunge-china-bans-initial-coin-offerings

[joshki]

I think the general consensus has been that there will likely be some regulation as a result of this, but it's unlikely a flat out ban will stick.

Chinese money has been propping up the crypto world since 2011 - it's not likely to go away anytime soon.

[GreenCoin22]

I think the general consensus has been that there will likely be some regulation as a result of this, but it's unlikely a flat out ban will stick.

Chinese money has been propping up the crypto world since 2011 - it's not likely to go away anytime soon.

don't think the crypto world was supported by China since 2011, you just can check the volume, USD is the biggest one.

[desticy]

At present, all ongoing sales are strongly distance themselves from relationships with Chinese. 

[joshki]

I think the general consensus has been that there will likely be some regulation as a result of this, but it's unlikely a flat out ban will stick.

Chinese money has been propping up the crypto world since 2011 - it's not likely to go away anytime soon.

don't think the crypto world was supported by China since 2011, you just can check the volume, USD is the biggest one.

The largest runups have been supported by cny.

[joker8]

No matter what. I think that NEO will go to the moon sooner or later