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RE: BREAKING- CHINA BANS ALL ICO'S!

in #bitcoin7 years ago

It's amazing to see how much money was stemming from China, since the announcement so many coins have lost double digits- Litecoin down $30, omisego down %10, the red is very noticeable. Do you think they will do an about turn and cancel the ban on ICO's some point in the future? I don't see how they can ask for remuneration for previous ICO's- how will they navigate that logistical nightmare of getting peoples investments back etc

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Yes China will easy up. They are just trying to prevent mass fraud from shady ICO's. Chin supports crypto and like many other nations, want to move away from the U.S. Dollar