And China does not stop!!! Authorities may freeze Bank Accounts tied to ICOs.

Credit

Chinese media has reported that the Beijing Operation Management Department of the People’s Bank of China has issued a notice to financial institutions prohibiting the provision of financial services to ICOs. The notices states that “financial institutions and non-bank payment agencies shall not provide service or product like account opening, registration, trading, clearing and settlement for token financing and virtual currency”.

Know more in the original publication