ICOs: Vietnam bans, Australia and the Philippines say yes

Central banks across Asia are clarifying their stance on so-called initial coin offerings. What's the status of this controversial fundraising innovation in your market?

By Larissa Ku

Nov 2, 2017

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More countries are following in the footsteps of China after its September move to immediate ban funding of initial coin offerings (ICOs). The latest to join the group was Vietnam, which issued its own ban last week – though Australia and the Philippines are keen to encourage ICO experimentation.

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