NEO And Ethereum Could Favor Over China ICO Regulations

September 2, 2017

Ethereum and NEO could possibly favor over the long term with China's regulatory rules on Initial Coin Offerings (ICOs).
ICO Regulation for Investor Safety

China government’s regulations on ICOs stem from public outrage over the high number of pyramid ponzi schemes in the country. China is within decision of the proposed ICO regulatory measures this September following public consultations.

Regulations will focus on multiple fundraising activities in China, including Initial Coin Offerings. If these proposed regulations are made into law, they will likely assist a boost to NEO since the regulated ICO market will give investors confidence.

NEO has complied by the rules

Since NEO originated in China and already compliment by the proposed rules, NEO would be associated with quality and functionality. China’s first public Blockchain could become China’s premier digital platform.

Source: BTC, LTC, DASH, NEO Via Image: https://cointelegraph.com