Now Official: China Ban on ICO is Temporary

in #cryptocurrency7 years ago (edited)

Regarding to Hu Bing, a researcher at the Institute of Finance and Banking, a Chinese government-supported academic research organization, claimed that the government’s ban on initial coin offerings (ICO's) is only temporary.

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In his interview with CCTV translated by Box Mining, Bing emphasized that the Chinese cryptocurrency community must understand that the government has not “forbidden” ICO's but instead “paused” them, demonstrating the government’s intention to resume ICO's in the near future.

Read full article here

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....and weak hands have given it's cryptos to inverstors with confidence at a discount price.
Lads, crypto-universe is so early in it's development that you can just buy and sleep peacefully. You'll get rich, don't worry, it's just won't be overnight, it will be over a period of years.. But people are allways too impatient..

Agree, as someone says: "The crypto market is a device for transferring money from the impatient to the patient"...

Thanks for sharing... Love it.

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