etienne_marais
Honorary Master
NEO and the ICO dilemma:
https://cointelegraph.com/news/neo-to-benefit-from-chinese-ico-regulations
Something is however causing NEO/GAS to keep on crashing.
China’s planned ICO regulation
The Chinese government’s regulations on ICOs stem from public outrage over the large number of pyramid schemes in the country. China is set to decide on the proposed ICO regulatory measures this September following public consultations.
The regulations will focus on various fundraising activities in China, including Initial Coin Offerings. If these proposed regulations are made into law, they will likely help boost NEO since the regulated ICO market will give investors confidence.
That proposition was stipulated in a Reddit article by bentylerlive.
https://cointelegraph.com/news/neo-to-benefit-from-chinese-ico-regulations
Something is however causing NEO/GAS to keep on crashing.