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RE: Breaking news: China's Central Bank bans Initial Coin Offerings

in #bitcoin7 years ago

Great news.

At least from government sector they step in this. There are so many fake ICOs like TravelCoin where people put their money and lost. Investors invest their whole money into ICOs, and at the end of the day, FAKE ICOs never listed into exchanges after months.

Government has ban ICOs to protect people loosing their money. I support the decision made by Chinese government.

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