Beijing deems Security Token Offerings as “illegal”

Those who promote or participate in activities related to Security Token Offerings (STO) could face criminal charges – at least in Beijing. According to the information provided by Chinese local media Caijing, Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance, assured that carrying out security token offerings and participating on them are illegal activities. […]

La entrada Beijing deems Security Token Offerings as “illegal” se publicó primero en Crypto Economy.

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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