China to allow ICOs again

[Savik]

This just out:

http://www.coinfox.info/news/7582-china-to-allow-ico-after-deciding-on-licensing

Looks like good news for the China ICO market (and ICO market in general). Regulations mean less scam crap and more stability.

[wbulot]

Yes the ban was just temporary.
Thankfully because China is a big actor in cryptocurrency. A permaban would have a big incidence on the market.

[mlhd90]

Yes, thank China, you are making the market become disordered, and many investors, trading is very confused. China's rich are getting richer, because China is a director for the market.

[rodel caling]

This just out:

http://www.coinfox.info/news/7582-china-to-allow-ico-after-deciding-on-licensing

Looks like good news for the China ICO market (and ICO market in general). Regulations mean less scam crap and more stability.

oh yes great very nice news nothing to worry right now, we are all happy now about that news, thats is my expectation first i heard the news china banned the ICO but the dev's will fixed the problem as soon as possible.

[Balmain]

Usual manipulation from China, we don't really care about their ban. They can ban every single thing about crypto currencies. It would be their loss, not ours. It's not a children game, they must be consistent about decisions.

[Jating]

Usual manipulation from China, we don't really care about their ban. They can ban every single thing about crypto currencies. It would be their loss, not ours. It's not a children game, they must be consistent about decisions.

I agreed, they make the market crash by announcing they are banning ICO, then change their stance. Now the market has crash again because of another news saying that they will shutdown local exchanges. 2 negative news coming from them in a span of 5 days. For me this is a total manipulation and someone from behind is cashing out big time.

[muenze]

china tryin to crash crypto to buy in cheap :p

[zidane]

This news sounds great for the crypto market. Today we saw a Price dump on BTC because of some fake news. It seems like the complete market is really really nervous because of china. My opinion is that we needed now many many of these good news like you posted. The otherside is you can buy now some cheap Tokens from market ;-)

[AdsAchilles]

Usual manipulation from China, we don't really care about their ban. They can ban every single thing about crypto currencies. It would be their loss, not ours. It's not a children game, they must be consistent about decisions.

I agreed, they make the market crash by announcing they are banning ICO, then change their stance. Now the market has crash again because of another news saying that they will shutdown local exchanges. 2 negative news coming from them in a span of 5 days. For me this is a total manipulation and someone from behind is cashing out big time.

I wish we weren't so reliant on their cash injections though.

[lidd0512]

latest news is china banned all token trading in china,so btc drooped a lot.

[Sikka157]

If this news is true, this is really good for the cryptocurrency market.
But seems like a fake news to me since i cant find this anywhere when i search on google.
Why would the market be down after the news that ICO ban in China is temporary and will be soon lifted?

[Quickfant]

Yes the ban was just temporary.
Thankfully because China is a big actor in cryptocurrency. A permaban would have a big incidence on the market.

It is difficult to say. Today's price has dropped a lot due to a possibility of total ban in China.

[jmlona]

It was always to be expected that the ban would be temporary until further controls could be added surrounding ICOs. If this is true then it is good that has been confirmed and should ease some of the uncertainty surrounding the issue.

[thompshma]

So is it banned or not? There are multiple articles floating around claiming both.

[marketprice]

Niiiice

[Fredomago]

This just out:

http://www.coinfox.info/news/7582-china-to-allow-ico-after-deciding-on-licensing

Looks like good news for the China ICO market (and ICO market in general). Regulations mean less scam crap and more stability.

That's a good thing for crypto supporters from China now they will be assured not being scam since their government will regulate and ask for proper document and requirements to ensure that the project will not turned into scam.

[paladium]

What they did is unethical .

[Bowtiesarecool]

That's a breath of fresh air. The first ICO to make those requirements will be a sell out under 24hours

[ahmedjamal1998]

Rumors everywhere and every single person is saying something different.

Some say China is banning exchanges and that's why the price is crashing on their side.
And now you're telling us they're planning to allow ICOs "again" ?

Can someone say what's going on truely without adding on his own opinions/hopes/wishes etc.
Even translating Chinese pages directly is not working properly as we don't know an official side that speaks the law.

[thompshma]

Boxmining usually has really good information.

He reads the Chinese forums and reports news on them.

His info is fair and honest. I expect him to report on the situation in a few hours.

https://www.youtube.com/channel/UCxODjeUwZHk3p-7TU-IsDOA