反 反贼网
反 反贼网

Chronicle TIMELINE

A chronological, causal record of the resistance, major political crises, and contemporary truth.

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The Chinese Communist Party completely halts ICOs and brands them illegal fundraising

2017.09.04 ·Official claim ·Importance IV ·Sources 2 ·China

On September 4, 2017, the People's Bank of China and six other government departments jointly issued an announcement declaring initial coin offerings (ICOs) to be unapproved illegal public financing, suspected of crimes such as illegal fundraising, and demanding that they be stopped immediately and unwound.

China's Regulators Issue Ban Related to Digital Currencies

2017.09.04 ·Reported ·Importance IV ·Sources 3 ·China

On September 4, 2017, the People's Bank of China and six other ministries and commissions jointly issued the "Announcement on Preventing the Risks of Token Offering Financing," halting ICOs, requiring completed offerings to be unwound, and domestic Bitcoin trading platforms subsequently ceased operations one after another.