China to legalize ICOs

[covfefe_]

China which had halted new ICOs stating the risk of investment of their is hinting of lifting the ban within 2018.
Director of the Center for Financial Technology, Yang Dong, hinted regulated ICOs are coming.

http://bitcoinist.com/chinese-official-new-regulations-2018-may-end-ico-ban/

[yillusion]

It maybe a fake news, I never heard that China will legalize ico, the government holds a clear attitude toward ico, especially the main task is to ensure the finance security, I think there is no way to legalize ico for two or three years in China

[Evangeline2]

It is impossible for China to legalize the ico. How could it be possible to legalize ico if China even listed BTC as illegal?

[aceptamosbitcoin]

It maybe a fake news, I never heard that China will legalize ico, the government holds a clear attitude toward ico, especially the main task is to ensure the finance security, I think there is no way to legalize ico for two or three years in China

Actually the new governor of the China Central Bank make a positive statement about crypto-currencies immediately after he got his seat. So this could be very real news and China will aim into taxes from all cryptos.

His predecessor was well known to be anti-crypto.

[alaricoin]

all the regulations are good for getting new people into the market. When they are all regulated, the market will explode

[rudox]

This will be a warming news to the crypto family. The news if confirmed will surely increase confidence on crypto and eventually move the price in the reverse position.

[creeps]

It is impossible for China to legalize the ico. How could it be possible to legalize ico if China even listed BTC as illegal?

Its possible of course but I think we still need more time for this kind of regulation.
This might be a fake news or what but if this thing happen for sure many investors will come and the market will start to pump again.
we really need this kind of news right now, the market is keep on dumping so I hope this is true.

[aioc]

China which had halted new ICOs stating the risk of investment of their is hinting of lifting the ban within 2018.
Director of the Center for Financial Technology, Yang Dong, hinted regulated ICOs are coming.

http://bitcoinist.com/chinese-official-new-regulations-2018-may-end-ico-ban/

If this is true then it should have been great news and it should be everywhere I subscribe to coindesk newsletter and I'm waiting for their announcement that China is indeed legalizing ICO or other legit and reliable cryptocurrency news sources.

[Haley craft]

It is still not possible to legitimise, because exchanges are restricted in China, so if they are not allowed to encrypt money markets, they will not allow the existence of ICO.

[Ravenangel]

well china has been in the forefront in Banning BTC and the fact that its accepting ICOs is a good news, maybe more cryptos will be legalized in china in future strengthening the crypto market

[jmalkovich]

I wish this news is a real one. I want hear or read something good about the cryptocurrency. I do not even want to check my Blockfolio for a long time.

[Lancusters]

Maybe it's a fake. But maybe not. Now the economic war between the US and China has intensified. Probably the Chinese will experience a lack of investment. This can make them go to the easing of pressure on ICO and cryptocurrencies. In this way, they can attract private investment to their country. It might make sense.

[Polipog]

Hopefully the legality that being mentioned are thoroughly implemented soon, because many news I heard before saying about legalizing but until now there is no total implementation at all. But I am pretty much sure that soon there were countries who really legalize crypto business. Because crypto business has a good higher contribution of income not only to people but also on economic world development.

[tdeannova]

I can not say the news is true, if they have not finished it yet. But I hope they will do it and can bring good growth to crypto.

[indrakusumaindra]

i dont think this news is real, what i heard is china goverment will developing blockchain technology. if its true that ico will be legal on china , it will make market really big and with the coming regulation come i do think it might be possible for china to allow investing on ico again.

[Pr.Victus]

Adjustable ICO- ICO is the Chinese who have passed certain accreditation. I sincerely doubt that if they were to repeal the law on the prohibition of ICO, it will give investors the freedom and raise the market from the bottom.

[ManaMan]

If this is true then let it be, with more regulation they can even try to tax it or something. I know they've been harsh on ICO because of scams and all other sorts of schemes out there. Plus you can raise money easier than with normal fundraising and all papers you have to fill in...

[iryboy]

China can do whatever China wants. One day they ban the ICO another day they said they'll legalize it.

[meldrio1]

china legalize ICOs? that news could help bitcoin to increase or all cryptocurrency, but we all know china is very strict when it comes crypto so this news could it be fake.

[Ostonian]

Having looked on the Internet, I did not find anything like this. Most likely this is fake news. Someone just launched fake news to slightly raise prices in the market.