Next, on August 9, the SEC issued
a temporary trading ban in shares of CIAO Group (recently renamed as NuMelo Technology) due to questions regarding the accuracy of various public statements relating to certain business plans and a planned ICO.
Not exact matches
Regulation measures ensure that traders remain faithful to what they commit to
trade and failure to obey the set regulations results to a
temporary ban on
trading transactions.
«Even if this is a
temporary ban, we hope this will have a domino effect, leading to the collapse of the dog meat
trade,» Andrea Gung, executive director of the Duo Duo Animal Welfare Project, said in the statement.
Following its supervisory powers, FINMA may impose a range of measures that could be regarded as collateral consequences (see question 38), for example, a
temporary or permanent
ban of individuals from engaging in securities
trading.
Local financial regulators clarified that they do not intend to
ban bitcoin as a whole and some analysts in Beijing expect the bitcoin exchange
ban to be
temporary until the PBoC releases a licensing program for
trading platforms.
Almost immediately after the cryptocurrency
trading ban by China, several researchers including Jon Creasy explained that the Chinese government likely established a
temporary ban on bitcoin
trading to appeal to the communist party.
The panel's three participants, all of whom are based in China, noted that the Chinese government actually has a positive, bullish outlook on Blockchain tech long term, and that the
bans on
trading and ICOs are likely
temporary, preemptive measures put in place to bide the government some time.