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Macau Finance Regulator Bars Banks from ICO Market – CoinDesk

Wednesday 27th, September 2017 / 11:15
Macau Finance Regulator Bars Banks from ICO Market – CoinDesk

CoinDesk

Macau Finance Regulator Bars Banks from ICO Market
CoinDesk
The directive corresponds with recent moves by Chinese regulators to crack down on initial coin offerings (ICOs), declaring the funding model to constitute a form of illegal fundraising, and the country’s bitcoin exchange ecosystem more broadly.
Macau Bans Banks From Providing Financial Services to Cryptocurrency Companies Bitcoin News (press release)

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