China was right to clamp down on ICOs

hackernoon.com

To fight a bit the panic, I'm sharing this article :P

Ok, China is banning ICOs, but China banning something shouldn't be news. And yes, in the short term ICOs and Chinese exchanges will stop, but in the long term, regulation can help to bring institutional investors. Also, it can protect people, something very much needed in a country where projects don't post their ICO terms even during the ICO, or where no personal information is asked by exchanges.

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