ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced ...
Read More »The lesson from China’s ban on initial coin offerings
China’s ban on initial coin offerings has provided a much-needed pause in the booming market, where people ranging from legitimate entrepreneurs to outright thieves attract money by selling digital tokens. But the move also raises a question: How can any government control a phenomenon that transcends national borders and rules? The Chinese central bank’s decision to outlaw token sales is ...
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