The state - backed internet finance body was set up by the central bank and its members include banks, brokerages, funds and consumer finance companies. (fortune.com)
Announcements National Internet Finance Association of China (NIFA) this Friday announced that IMOs (Initial Miner Offerings), represented by the token Wankebi and issued by Xunlei (NASDAQ: XNET), are ICOs in disguise and have emerged as... (bitcoinnews.international)
In the first half of the year, China - based ICOs raised about $ 400 million through 65 offerings with more than 100,000 investors, according to a report from the National Internet Finance Association of China. (fortune.com)