Source: latestnigeriannews.com
The Chinese government has banned Initial Coin Offerings (ICO), a newfundraising phenomenon that has taken the Internet by storm. In a recent ruling, the Peoples Bank of China ruled that these unregulated sales violated Chinese law and must stop immediately. There have beendozens of ICOs this year alone,with many raising tens of millions of dollars. []The post Bitcoin Crashes As China Halt CryptocurrencyOfferings appeared first on TechMoran.

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