China banned fundraising through ICOs, but wants firms to research blockchain

China banned fundraising through ICOs, but wants firms to research blockchain

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/09/11/chinas-ico-ban-necessary-but-should-not-stop-blockchain-research-says-pboc-official.html

China's ban on initial coin offerings (ICO) is a necessary move to stop illegal fundraising and pyramid schemes but should not stop firms from studying blockchain technology, a senior central bank official told the Financial News newspaper on Tuesday.