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RE: Tech Update: Cryptocurrency Correction, China Bans Icos and More!
Great post. From my understanding of how doing business in China works, even when the rules are in place, companies will bribe their way around the rules. Below is a forbes article on the subject. Questionable offerings would probably have questionable people running it who would be happy to do this; and on the other hand, legitimate offerings may eventually succumb to this unethical practice in order to push their offering through. So hard to guage whether this is a net positive.
Very solid viewpoint. I agree this may be where we are going... Simply a way to manage bribes more effectively.