SHOCKING NEWS: The government’s ban on initial coin offerings (ICOs) is only temporary, Hu Bing, a researcher at the Institute of Finance and Banking claimed during an interview with state-owned national television network CCTV-13.
Bing explained that the suspension on ICOs is only temporary, until local financial regulators introduce necessary regulatory frameworks and policies for both ICO investors and projects.*
Bing also noted that the Chinese government and its financial regulators are currently considering the potential of allowing ICOs to raise money in a controlled environment, through a licensing program.**
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* Information source: altcointoday
**Information provided is not a reliable indicator of future performance
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