China’s central bank has banned all ICOs as its regulator steps up scrutiny on the trade of digital currencies to reduce the risk of financial fraud. But no such ban has been imposed by the Securities and Futures Commission in Hong Kong for securities-likened ICOs in digital tokens, as long as they comply with all conditions under the HK securities law.

Investors in Chinese start-ups still eye exits through digital currency offerings

Though banned in China, founders and investors in Chinese start-ups still see initial coin offerings as an alternative way to a partial exit or to raise funds

Topic |   Digital currencies

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China’s central bank has banned all ICOs as its regulator steps up scrutiny on the trade of digital currencies to reduce the risk of financial fraud. But no such ban has been imposed by the Securities and Futures Commission in Hong Kong for securities-likened ICOs in digital tokens, as long as they comply with all conditions under the HK securities law.
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