Why some countries ban ICOs and crypto?

10 000 question challengeCategory: Law and regulationsWhy some countries ban ICOs and crypto?
tokenh6_wp Staff asked 3 years ago
1 Answers
tokenh6_wp Staff answered 3 years ago

Governments’ alertness on crypto world is driven by 2 main factors: firstly, they cannot identify exact keepers of cryptocurrencies. Secondly, they believe (for instance, in China) that this market sets traditional financial markets under extra risk.