Vice President of People’s Bank of China Still Doesn’t Like Cryptocurrency

[kreslik.news]

The deputy governor of the People’s Bank of China has made strong comments regarding ICOs that market to Chinese citizens from abroad, according to CoinDesk.

Pan Gongsheng, who is also head of the Leading Group of Internet Financial Risks Remediation (name translated from Chinese), reiterated at an internal meeting that ICOs are not allowed in the country, and that Chinese businesses that escaped the ban and market to Chinese citizens from abroad are also breaking the law. The working group was set up in April 2016 and is the body from which the widely-publicised ... ([url=https://www.financemagnates.com/cryptocurrency/news/vice-president-of-peoples-bank-of-china-still-doesnt-like-cryptocurrency/]read more)