ICO and Token Sale Regulation: A View From China

The International site of 8btc News, which describes itself as the oldest and most influential independent news source for bitcoin, blockchain and cryptocurrency in China, has a full text translation of an article written by Yao Qian, Director of the People’s Bank of China (PBOC) Digital Currency Research Institute, on ICOs and token sales (ICOs for short), and the regulation thereof.The translation carries a disclaimer: “This article represents only the author’s personal acade