National Internet Finance Association of China(NIFA) on Sept. 13 posted a notice on risk prevention and control of “Virtual Currencies”. On August 30 NIFA released a notice warning investors risks of ICOs and in the next few days, ICOs are defined as illegal fundraising and all ICO tokens are delisted from exchanges. What to expect
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Over the past week, bitcoiners everywhere have been focused on the speculative news of China ‘banning’ bitcoin and wondering if the stories were true. According to recent reports from local media and the country’s National Internet Finance Association (NIFA), bitcoin is not ‘illegal,’ but exchanges may face tighter regulatory supervision and might have to cease
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