今日上海
中国叫停ICO非法融资 - 2017年09月08日
China bans fundraising through ICOs
CHINA has banned individuals and organizations raising funds through initial coin offerings (ICOs), a form of fundraising in which technology startups issue their own digital coins, or “tokens,” to investors to access funds.
The People’s Bank of China, the securities and banking regulators and other government departments said in a statement yesterday: “ICOs, in essence, are a kind of unauthorized and illegal public fundraising, which is suspected of being related to criminal activities such as financial fraud and pyramid schemes.”
Individuals and organizations that have completed ICO fundraising should make arrangements to return funds to investors, the statement said.