China’s Central Bank Declares Initial Coin Offerings Illegal

China PBOC says all ICOs must be stopped and refunds provided China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the ... ( read original story ...)

China faces risk of financial tsunami

Credit default swap products sent many a financial firm to the edge of collapse in 2008, and almost 10 years after that financial tsunami no one can believe it that another potential CDS crisis is threatening markets again - in China.The 194-strong Chinese ... ( read original story ...)

China central bank says initial coin offerings are illegal

BEIJING (BLOOM BERG) - China's central bank said that initial coin offerings are illegal and have asked all related fund-raising activity to be halted immediately, according to a notice from the regulator. The People's Bank of China said it has completed ... ( read original story ...)