news about china ico regulation

[Hyperme.sh]

This thread is spreading false information.

China is yanking the ICO tokens from the exchanges:

https://www.coindesk.com/chinas-exchanges-yank-token-listings-ico-crackdown/

I agree. It's about time ICOs were regulated. Maybe now more will follow know your customer protocols and screen for accredited investors.

Comments like this completely baffle me.  You're in a crypto currency forum and asking for a government to regulate the creation and distribution of coins?  In fact, you're even asking for the government to restrict access to ICO's to accredited investors.  You're basically asking the government to take away opportunities for you.  In the US that means you  need over $200,000 of liquid assets (no home, car, etc) and also typically means your investments have a minimum of $25,000 just to get in the door.  That'd remove about 99% of this forum from the ICO market.

Incorrect.

[Foster456]

the chinese government will set up a blockchain Industrial zone in Ganzhou(a city )

and chinese [Suspicious link removed]pany which enter this zone can have access to put their ICO on records

so i guess chinese [Suspicious link removed]pany will open a office in Ganzhou to announce their ICO in china  

or build up the company in singapore






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China is introducing a lot of digital currency rules, Bitcoin is still legal, ICO are banned here and ICO are seriously affected. China loves to ban many things