The Peopleâ€™s Bank of China (PBoC) officially declared it is all set to ban security token offerings (STOs), which issued staunch warnings in the past few months. Pan Gongsheng, the deputy governor of the PBoC, stated that both ICOs and STOs are illegal in the nation. Before the crackdown, China was the worldâ€™s biggest hub for ICOs and digital currency transactions.
China Officially Bans STOsIncryptsDec 17, 20180
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