Following
the token sale ban by the People's Bank of China (PBOC), more than 40 Initial Coin Offering (ICO) platforms are reportedly suspending their ICO services.
News.Bitcoin.com recently reported that some platforms started refunding investors hours after
the token sale ban announcement.
Not exact matches
What countries are
banned from both rounds of the
Token Sale?
Twitter to Prohibit Range of Cryptocurrency Ads Sky News reports that Twitter has plans to eventually
ban advertisements for cryptocurrencies,
token sales, and initial coin offerings (ICOs), in a move that would follow similar policies implemented by both Facebook and Google this year.
The social media site will start
banning cryptocurrency ads from Tuesday, including initial coin offerings and
token sales.
With that, the
sale of Petro
tokens (PTR) is also
banned.
Earlier this month, China issued a blanket
ban on fundraising methods involving
token sales, or initial coin offerings (ICOs), and local cryptocurrency exchanges have indicated they will cease domestic trading following the
ban.
Soon after Trump signed an executive order to put a
ban on Venezuela's cryptocurrency, Petro in The States, now the latest crypto news coming in is that, Bitfine which is the largest cryptocurrency exchange, has issued a statement on the 27th March 2018 regarding in which it restricts the
sale of Venezuela's state - issued Petro
Token (PTR).
It also
banned any advertising or offering
tokens to potential investors prior to the
sale.
Twitter Inc is joining Facebook and Google in
banning advertisements for initial coin offerings and
token sales on its social - media platform.
The South Korean government has also moved on
banning token sales until further notice.
In a quick response, Chinese regulators decided to effectively
ban any ICOs and
token sales in China until the government implements proper regulations.
This move will effectively
bans the advertisement and
sale of initial coin offerings (ICOs) and cryptocurrency
tokens.
Twitter is reportedly preparing to
ban crypto ads and other ads related to ICOs,
token sales,...
The closure of the exchange's China - facing trading operations comes following a statement from financial regulators on September 4, which
banned developers and entrepreneurs from launching
token sales (or ICOs) within the country.
After Facebook and Google, Twitter was now likely to
ban cryptocurrency,
token sales and Initial Coin Offerings (ICO) advertisements on its platform.
The
ban covered advertising for ICOs and
token sales only.
O'Neill claims that her company did not experience a significant loss in terms of
token sale participants, although the recent
bans seem to enforce the stigma of cryptocurrencies, which certainly doesn't help: «It has a psychological impact on the way the average person views cryptocurrencies, and we've already heard people say, «well, Google's not allowing it, it must be bad» referring to all cryptocurrencies, which just isn't true.
Sky News says (via Engadget) that the new advertising policies would
ban worldwide ads for ICOs,
token sales, and cryptocurrency wallets.
Ads / advertisements / Advertising / Armenia /
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Token Sales / Twitter / US / Yandex / yuri pripachkin
South Korea Expected to Reverse ICO
Ban The Korea Times, a business - focused media company founded by Hankook Ilbo, one of South Korea's largest newspapers, reported that the South Korean government will soon reverse its
ban on initial coin offerings (ICO) and allow
token sales under certain conditions.
Ads /
ban / Crowdfunding / ICO / ICOs / N - Featured / restrictions / Snapchat /
token sale / Token Sales / Tw
token sale /
Token Sales / Tw
Token Sales / Twitter
Twitter told Reuters that the
ban will cover advertising for Initial Coin Offerings (ICO) and
token sales.
Twitter is reportedly considering
banning advertisements for initial coin offerings (ICOs),
token sales and cryptocurrency wallets globally.
The Chinese government has also been particularly strict with
token sales by completely
banning them nationwide.
Twitter caused a market price slump on Tuesday morning when the platform officially announced that it was
banning all ICO and
token sale related ads.
Following Facebook and Google, Twitter has decided to
ban advertising ICO,
token sales, and cryptocurrency - related projects.
Now that China has taken the first step to
ban ICOs, other countries will be looking into the same and come up with their stance on
token sales.
All ICOs and
token sales will be
banned, but cryptocurrency exchanges and wallets will be restricted to only public companies listed on major stock markets.
Wences Casares, head of bitcoin wallet startup Xapo, recently reminded investors not to put more into ICOs than they can afford to lose, which supports Facebook's
ban of ads that urge people to redirect their retirement savings into
token sales.
The drop in price can be linked to the announcement from the social site, Twitter that it is officially moving forward with the
ban on Initial Coin Offerings (ICO) as well as
token sales.
According to the report, Twitter plans to implement the
ban in two weeks, and will specifically prohibit «advertisements for initial coin offerings (ICOs),
token sales, and cryptocurrency wallets globally.»
While ICOs are currently
banned in China, the Renren has its primary listing in the US, and can therefore conduct a
token sale there — as long as it complies with SEC regulations.
Yet a new report from the Korea Times suggests that the
ban may be lifted in part, specifically for
token sales that meet as - yet - to - be specified conditions.