It marks a notable move by China's official mainstream media to bring blockchain to the public's attention while staying in line with the country's central bank, the People's Bank of China, which has ordered a ban on domestic initial coin offerings. (coindesk.com)
In September, the FSC banned domestic initial coin offerings and declared violators would be dealt with in a Virtual Currency Detention Center. (links2exchange.net)
What, perhaps, sparked the controversy to begin with was the timing and nature of the blockchain - based issuance, which arrived just a month after China's central bank put the notable ban on domestic initial coin offerings. (links2exchange.net)