After long-term growth rate of the world’s most popular cryptocurrency, bitcoin, has fallen off sharply. If September 2 gave him more than five thousand dollars, September 5 — only 4.1 thousand dollars. According to experts, the collapse occurred after the people’s Bank of China recognized the ICO was illegal and ordered to immediately suspend all operations with the placement of tokens in the country.
Recall that the ICO, or Initial Coin Offering, is the initial placement of coins-tokens. That is the issue in any project tokens or coupons that can later be used to pay for services platform. In fact, this new form of investment attraction by analogy with the IPO, but instead of stock we use the cryptocurrency.
Companies around the world have in total attracted more than 1 billion $ 600 million through the ICO, and only China had about 400 million. According to China Money Network, bitcoin and ether are the most popular in the country scriptactive and account for about 90 percent of the funds collected in the ICO.
Interestingly, in late July, the U.S. Commission on securities and exchange equated embed tokens to the traditional IPO.
Meanwhile, Ukraine has begun public testing of the system cryptomate. A private entrepreneur who bought the first six terminals for the sale of bitcoins for cash, has placed them in Kiev, two more such apparatus will appear next week in Kharkov.
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