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  • Writer's pictureBlockchainDriven

ICO Alarm in China – Winners and Losers

The ban of ICOs by 7 Chinese regulators made it difficult to solicit or engage in the process of ICOs in China though such a harsh ruling was not unanticipated given the combination of little regulatory framework coupled with the remarkable amount of capital being raised via this new crowdfunding venue. The new ban benefits legitimate companies running ICOs with the proper protocols, making this a great time for companies looking to explore blockchain.



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