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Did they ban ICO in China ?

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Yes they did. For anyone interested in cryptocurrency, t is very important to keep an eye on China because the steps they take to deal with cryptocurrency will form the template other governments and monetary institutions will use to deal with it. The Chinese black market is one of the world's major hubs for cryptocurrency, if it can withstand the punitive actions of the Chinese government, then bitcoin's eventual value fall will be delayed for a long time
 
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I have seen an headline saying ICO has been banned in China. I was not sure if it was fake news. I did not go through the news yet. Or haven't made my research on it.
 
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ICOs were not banned in China. They were postponed until the government can get the regulations up to speed to stop bogus ICOs. I'm not sure on the time frame.
 
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@Lucky Bastard,this your version is a bit new to me because I read a while back that ICO have been banned from China as the government of the day are seeking ways to regulate it. Which might not even be possible.
 
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Initial boosts are very helpful on a rising venture to capitalism if so desired. China is a bit ahead of time regarding ICO issues and experiences as I know some Americans were putting in 12 hour shifts towards modern developments.
 
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It always cause a crash when China government mentioned it wanted to ban ICO, luckily the Bitcoin value get rebounded after that. :p
 
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The status of ICOs in China is changing all the time. CCN news and hacked.com are some really good sources for more information on this subject.
 
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I am hearing this news since years now,it seems or looks that they have totally banned Initian Coin Opportunity ;its a bad news for chinese crypto currency invester and trader ;but it will have none effect to us as ico's are not banned by world ,thankx !!.......
 
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