Nine out of 10 ICO projects are not trustworthy in China due to a lack of regulation, according to one leading Chinese private equity investor. Photo: Reuters

China ‘mulls crackdown on digital currency fundraising schemes’

Regulators considering introducing controls on ‘initial coin offerings’, according to media report, as schemes can pose huge risks to investors

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Nine out of 10 ICO projects are not trustworthy in China due to a lack of regulation, according to one leading Chinese private equity investor. Photo: Reuters
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