ICOs are, for the most part, completely unregulated , so investors must exercise a high degree of caution and diligence when researching and investing in ICOs.
Read moreWhich country has banned initial coin offerings?
On September 4, 2017 seven Chinese financial regulators officially banned all ICOs within the People’s Republic of China , demanding that the proceeds from all past ICOs be refunded to investors or face being “severely punished according to the law”.
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