I Was Seriously Underwhelmed By the List.
On the entire list the only ICO I knew anything about was Binance. Now, I am really thinking that the FUD caused by the China news was way overblown.
See the List Here - Chinese Government Reveals List of 60 ICOs Under Investigation
A list purportedly naming 60 different companies slated for investigation and monitoring surfaces on the internet after China’s ICO crackdown.
Like usual government interference in the crypto currency markets is given way more weight than they should be given. It is like giving a neighbor power over the decisions in your house.
When the Gov Fud Comes the Best We Can Do is Position Ourselves for Profit.
Update from the Binance team.
Hi Everyone,
Regarding the recent announcement from China's PBoC banning all ICOs, we are working around the clock on a solution that will fully satisfy the new regulations in China, while preserving and enhancing features that are valuable to our western community, which accounts for more than 81% of our user base. We will share more details as they become available. Please be patient as we work through this process.
Thank you for your support!
