The closure of the stock exchange, however, is not clear with the closure of the whole site, as it will be possible to further extract cryptanalysts. Such a move is due to the reaction of the Chinese government to the ICO and the legal regulation of money collections using tokens.
On September 4, the People’s Bank of China, China’s central bank, announced a sweeping blanket ban on all initial coin offerings (ICOs), a radical new form of fundraising facilitated by cryptocurrencies.
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