China Ban “Temporary” Says Official

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After seeing the markets get shaken up last week on news that China was banning investments in ICOs, the rumor has been since quelled with some clarification points. As part of a regulation strategy, the Chinese government wants to see more investment in crypto-related projects, but that the investment should be noted on the accounting procedures in order to keep track of profits and losses in the business sector.

Here is a link to the video:

http://finance.chinanews.com/shipin/2017/09-06/news730639.shtml

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