Regarding to Hu Bing, a researcher at the Institute of Finance and Banking, a Chinese government-supported academic research organization, claimed that the government’s ban on initial coin offerings (ICO's) is only temporary.
In his interview with CCTV translated by Box Mining, Bing emphasized that the Chinese cryptocurrency community must understand that the government has not “forbidden” ICO's but instead “paused” them, demonstrating the government’s intention to resume ICO's in the near future.
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