Why some countries ban ICOs and crypto?

10 000 question challengeCategory: Law and regulationsWhy some countries ban ICOs and crypto?
tokenh6_wp Staff asked 3 months ago

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tokenh6_wp Staff answered 3 months ago

Governments’ alertness on crypto world is driven by 2 main factors: firstly, they cannot identify exact keepers of cryptocurrencies. Secondly, they believe (for instance, in China) that this market sets traditional financial markets under extra risk.
https://www.marketplace.org/2017/09/22/tech/why-are-countries-so-afraid-bitcoin

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