wholesale plain plugs and tunnels for jewelry making What does "ICO will be included in supervision" mean?

silver jewelry wholesaler china Since the first half of this year, the explosive growth of ICO projects raised by virtual currency funds in China has increased its illegal fund -raising of ICOs. According to a report issued by the National Internet Financial Security Technology Expert Committee, since 2017, the cumulative financing scale of ICO projects completed through various platforms has reached 63523.64BTC, 852753.36ETH, and some RMB and other virtual currencies. Conversion at a price of 00:00 on July 19, 2017 was equivalent to RMB 2.616 billion. Cumulative participants reached 105,000. On August 24, the CBRC provisions for the first time raising funds for virtual currencies. The CBRC drafted the "Draft of the illegal fund -raising regulations (draft for comments)" (hereinafter referred to as soliciting opinions) pointed out that: without permission to violate the relevant state regulations in accordance with the law or violates the relevant state regulations, the act of raising funds in the name of virtual currency shall conduct an illegal fund -raising administrative investigation. Illegal fund -raising participants shall bear their own losses due to participation in illegal fundraising. According to reports, Huo Xuewen, director of the Beijing Municipal Bureau of Finance, pointed out at a closed door meeting that any "activity to control others" should be included in supervision. Wu Xiaoling, deputy director of the Standing Committee of the National People's Congress and the chairman and dean of the Wudaokou Financial College of Tsinghua University, also publicly pointed out recently that from an international perspective, the United States has currently supervised ICOs as securities varieties. The People's Bank of China has also made a corresponding statement than Bitcoin (pointed out that Bitcoin does not have currency attributes), and it is expected that further regulatory measures will be introduced.
ico (the abbreviation of initial coin offering), the first coin issuance, the first public issuance (IPO) concept from the stock market. It is the first issue of tokens issued by the blockchain project. the behavior of.
ico is a type of blockchain industry term. It is a common method for raising funds for encrypted digital currency/blockchain projects. Early participants can get the initially generated crypto digital currency as a return. Since the tokens have market value, they can be exchanged for fiat currency, thereby supporting the development cost of the project. The tokens issued by ICO can be based on different blockchains. Commonly issued based on Ethereum (ETH) and Bit Stocks (BTS) blockchain issuance, which provides accounting services and value consensus by blockchain to achieve global distribution and circulation.
ico participants are very important for the success of a project. They will publicize the blockchain project in the community, so that the tokens it generates will be liquid before starting transactions. However, the participants of ICO are still the potential income brought about by the price appreciation of the project after the development of the project or the tokens.
Reference
Baidu know :/ Question/