🚨 Security token offerings ‘illegal,’ says Beijing financial watchdog
Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance, has warned projects against holding security token offerings (STOs). At a recent wealth management forum hosted by the bureau on Saturday, Huo said that STO fund-raising activities are “illegal,” at least in Beijing.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.