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Ban on ICOs – the aftermath: Fear, Uncertainty and Doubt

Update 2017.09.06 Where people were probably hoping for all the dust to be settled and most cryptos started to climb up again after its crash on Monday, today was another day of fear, uncertainty and doubt following China’s ICO ban. Various trading platforms, including Binance, Jubi and Yunbi, made similar statements about tokens being suspended...

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Why China needs blockchain (but doesn’t need Bitcoin): Five predictions on the future of cryptocurrencies in China

Ever since the news got out that the Chinese government is blocking new ICOs, news sites and fora have been buzzing with speculations about the future of cryptocurrencies in China. Reactions vary from plain denial, clear misreading of the situation and doom-scenario forecasts for the global crypto market. Chinese coins took a strong hit (NEO went down 50% since the...

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China meets Ripple: Government Support for Cryptocurrencies?

China meets Ripple: Government Support for Cryptocurrencies?

The Chinese government’s announcement that it is blocking ICOs (Initial Coin Offerings) on the grounds of economic and financial disruption has destabilized the digital world order. Those who have completed ICO fundraising are now required to return funds to investors, many of whom, along with other crypto-enthusiasts, are left concerned about the uncertain future of...

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ICOs have just been blocked, Liu Dahong announced to make China’s first blockchain technology sharing platform

ICOs have just been blocked, Liu Dahong announced to make China’s first blockchain technology sharing platform

After the joint announcement of a ban on ICOs on September 4th, all kinds of token issuance financing activities must be stopped immediately. The strict administrative instruction directly forces out the unrestrained ICO. In this delicate period, Liu Dahong insisted on publishing this interview, stating that he is going to create a bold vision for...

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Blockchain Conferences in China Cancelled Following ICO Ban

Blockchain Conferences in China Cancelled Following ICO Ban

After the cancelled DACA International Blockchain Summit last weekend, more events in Beijing related to blockchain and cryptocurrencies are being cancelled or postponed, including the 2017 Shape The Future Conference. The event invited more than 80 enterprises and blockchain experts from all over the world were supposed to give speeches. In addition, the first Chinese...

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China bans companies from raising money through ICOs

China bans companies from raising money through ICOs

Regulators are about to begin scrutinizing China’s initial coin offerings(ICOs) — an industry worth hundreds of millions of dollars. Local outlet Caixin reported that a notice, issued by a working committee that oversees risk in the country’s internet finance sector, said new projects raising cash or other virtual currencies through cryptocurrencies will be banned. It...

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ICOs Ban-What We Can Learn from China’s Real Estate Market

ICOs Ban-What We Can Learn from China’s Real Estate Market

Recently the Chinese government announced that it is considering to put all new ICOs on hold until further notice. The statement caused FUD amongst cryptocurrency investors and traders, and many scheduled ICOs, including Red Pulse (RPX), were postponed. One of the cryptocurrencies that suffered most from this was NEO, as the RPX’s initial coin offering...

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China’s Regulators Consider Suspending All ICOs

China’s Regulators Consider Suspending All ICOs

Regulators in China are discussing a plan to possibly suspend all initial coin offerings (ICOs) within the country, reports say. According to Tencent Finance, regulators proposed an action plan in a meeting on August 18 hosted by the financial market department of the People’s Bank of China (PBoC), the country’s central bank. Officials from China’s...

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Binance Announces a Platform Upgrade and Introduces New Features

Binance Announces a Platform Upgrade and Introduces New Features

Binance is one of a kind cryptocurrency trading platform, created by genuine digital asset lovers led by Zhao Changpeng. The platform, having made a name for itself for the quality services is now expanding its purview. The co-founder of Binance, Yi He while speaking at the recently concluded “The 4th Global Blockchain Summit 2017” on...

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