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The Chinese banking system is very opaque, and there are some major reasons for that.
We talked about why it’s not easy for regulators to regulate cryptocurrency.
Now, we’re going to talk about why regulators are hesitant to regulate ICOs.
It seems that there is a large number of people who are involved in ICOs, and some of them are actually not licensed in China.
For example, some ICOs are managed by companies in the United States.
If you want to do a project in China, you have to apply for a license, and it’s a lot of paperwork and time.
But when it comes to cryptocurrencies, it’s all in China and the regulatory process is very complicated.
Now there are two main reasons why banks aren’t licensed: firstly, they don’t want to be associated with these ICOs because the government is very strict in this area.
Second, they think that the ICOs will be used to create a new type of investment product.
In the past, when people started buying into crypto investments, they used to go to the exchanges and buy coins and then sell them to other investors, which made the coins valuable.
In fact, they could have earned money.
Nowadays, it is more risky to go through ICOs than to buy coins on the exchanges.
There are also concerns that ICOs could be used for insider trading.
So, banks in China are not allowed to be involved in the crypto investment market.
The regulators have said that they will be watching ICOs closely.
The reason for this is that there are certain aspects in ICO that should be kept in line, such as transparency and the use of proper legal procedures.
But the regulators have not been very clear about the ICO market itself, so it’s very difficult to understand how the market is going to develop.
But that’s another topic for another time.
What are the most interesting ICOs in China?
What are some of the most exciting ICOs to come out?
There are several ICOs that are currently running.
One of the more interesting ones is Coinomat, which is an investment fund based in Shanghai.
This is an ICO where you can invest in an ICO and get back shares of the company you invested in.
The plan is to eventually raise at least 5 billion yuan (about $600 million) and then buy back some of that stock, which will be distributed to investors.
But there are still some problems with Coinom.
There’s some question about the tokens being backed by real assets, and they are only available for a limited number of investors.
There is also the issue of governance.
Some of the ICO investors are actually from outside the country.
They can’t register with the government.
The regulator also has some concerns about the quality of the investments.
So it’s an ICO with a lot going on.
What do you think about ICO in China right now?