Bitcoin prices were hit by a significant downdraft in the wake of news Monday that Chinese regulators have put in place a ban on initial coin offerings, known as ICOs. The price of the digital currency slipped by more than $200, to $4,350 after the...
September 05, 2017
In what might be a major regulatory shot across the initial coin offering (ICO) bow, China has put in place an immediate ban on funding of those offerings. TechCrunch reported that the nation’s central bank on Monday said ICOs have “disrupted the economic and financial order.” The order comes as the controversial fundraising activities have […]
