China’s Internet Finance Regulator Warns On “ICOs in Disguise”

ICO News, Investing, News, Regulation | January 15, 2018 By:

China’s National Internet Finance Association (NIFA), a self-regulatory organization in the field of Internet finance, has issued a warning against risks from the so-called “initial miner offerings” (IMO).

In a statement, NIFA claimed that IMOs are disguised initial coin offerings (ICO), the latter completely banned in the country.

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