Why is ICO prohibited by the country
Why is ICO prohibited by the state? According to the report of China Securities Network, recently it was reported that the state has banned ICO (Initial coin offering). According to the official announcement of the US SEC, there is no formal law to identify ICO as illegal public financing. Why is ICO prohibited in this country According to the Investment Company Law, no organization or individual shall conduct ICO or other business similar to ICO domestically or internationally without the approval of the State Council 2. The national support for the development of ICO projects or digital currency exchanges based on blockchain technology does not meet the restrictions of Chinese laws and regulations. If no permission is obtained and a violation of the above regulations is involved, it shall be considered illegal 3. As ICO is a new thing, in order to attract public participation, it must be regulated in accordance with relevant laws and regulations
Why is the country prohibiting the use of Angelica dahurica
According to reports, why is the country prohibiting the use of Angelica dahurica? Recently, an article titled “Why the State Prohibits the Use of White Aster, Silage Tablets, and Huangxiaoyao Pharmaceuticals” pointed out: “The original intention of Chinese laws and administrative regulations is to clearly regulate the substances used in the circulation of goods and their uses. Therefore, no unit or individual in China may use them for sale or illegally provide related products and services.” Their behavior severely limits their application scope. Prohibit the use of Baixuan, red blood cells, honeysuckle, and other products that do not have relevant properties. In addition, in order to prevent the phenomenon of virtual currency trading speculation, we have formulated the “Implementation Opinions on Regulating the Healthy Development of the Virtual Biopharmaceutical Industry” (hereinafter referred to as the “Implementation Opinions”) and have recently issued a notice.
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