Cables at a bitcoin mine in Sichuan province, China. The country’s central bank announced a ban on a type of fundraising commonly used in the digital currency industry, sending a chill through the sector. Photo: EPA

China virtual currency events moved or delayed as central bank bans digital coin fundraising

One summit scheduled for Beijing has been moved to Hong Kong and another delayed, while a third in another city has been cancelled. Analysts say the sudden ban on initial coin offerings has chilled the industry

Topic |   Bitcoin

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Cables at a bitcoin mine in Sichuan province, China. The country’s central bank announced a ban on a type of fundraising commonly used in the digital currency industry, sending a chill through the sector. Photo: EPA
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