China to legalize ICOs

[Klovezio]

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/

Hi, there is no doubt that we go forwards into the regulated portion of the blockchain’s future.
The first thing is that the smart money has always known the regulators were coming.

[domaska]

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

they will legalize ico's and crytpo payments sooner or later, as blockchain will allow their citizens to invest.

[macit800]

I had read that China is one of the countries with the highest amount of patent applications. So I think that they want to legalize blockchain and everything about this system with some clear rules.

[Mr Batman]

I hope with this news then the market price will return to normal and increase.

[kingcrypto-the2nd]

its a good news to crypto world,chinese money coming in.

[Landakhitam]

Perhaps the Chinese can reduce the pressure on ICO and cryptocurrency.
In this way, they can attract investment but people in their area do not have enough power to oppose the government's decision at the time

[5ensei]

Good news if it is true, nothing wrong with regulating ICOs as there are too many scammers around these days. One platform that will benefit is NEO which will launch a wave of ICOs in China. Good time to invest while it is cheap

[Kaller]

If they are going to only allow the launch of regulated ICOs then its good otherwise its good that the ICOs are banned. Most of the current ICOs launching are nothing but scams and copy pasted clones just waiting to grab all the money while they still can.

[joeydangerous]

its a good news to crypto world,chinese money coming in.

It's decent news for people that are into investing in an ICO...
Since China is changing their minds often, they look weak.

[royalfestus]

its a good news to crypto world,chinese money coming in.

It's decent news for people that are into investing in an ICO...
Since China is changing their minds often, they look weak.

It is also a good news for ICOs from china. I also think if china is coming back now into cryptocurrency it is more like a trade war against USA who had been against it in recent months. It will also empower some token that had been from china and believe the regulation must have well slated before such news.

[platinov_and]

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/

This is a very good news, which should have a very positive effect on the course of cybercrime. I think if China really cancels this ban on ICOs, the course of crippling will immediately go up.
But for some reason, it seems to me that this is a fake news that has no reliable confirmation!
I will believe it only if China cancels this ban!

[Ayush rana]

I don't think this will happen as China has the clear statement that they will never promote any crypto currency related things ever and even not only China other countries also don't want to legal ico and coins because if the country do so, then people will start using crypto currency and the use of fait currency will decrease and no county want that the 3rd currency will take over their official currency.

[waqasniaz007]

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/

This is not true and it may be fake news, How it is possible   even bitcoin is illegal there and they banned crypto currencies from months.

[nakamote]

Seriously? this is a desperate moves bro,spreading lies to get the market recover? that is insane china wouldnt want to allow any cryptocurrency acitivities again and that is how they run things,illegal is illegal whatever you say or you do you would be facing a lot of charges if you didnt follow the regulations this is a communist country so dont expect this would happen.

[LeroyBro]

It seems China changes their mind when it comes to crypto almost daily, so I'm really starting to doubt if they'll really legalize ICOs. And if they will, for how long.

[Samolet]

Even if it is fake news, maybe they somehow positively can affect the sitdown of the market decline now. As for the authenticity of words, I think that in case of reliability we will see some further confirmation. If this proves to be true, then it seems to me that China will make the right decision.

[bulbolitobayagyag]

LOL that is stupid news,china wont do it because if they wanted cryptocurrencies they have done it a long time ago but today it wont happen,you are too desperate mate to spread FUDs and fake news ! this wont changed everything the market is a super bearish trend and you should know it is impossible to oppose this trend or else you will lose.

[leow]

Last week said that South Korea's plan to lift the ban on the holding of ICO with the aim of developing blockchain technology. The source can not provide, but in any case it will only have a positive impact on the development of the crypto industry not only in the market of China and South Korea, but also around the world!

[Osiris0]

Sorry, but this newsportal has made a big mistake or probably reputation does not play for them a big role - Chineese goverment never will let their people to be the part of western economy. They even block all internet, of course this is kinda fake or so.

[Stimah12]

I really want this news to be true regardless of the earlier news hinting the cryptos world. Nevertheless, if the news is genuine, this will bring more people into cryptos world.
I crossed my mind.