All events
Law & sovereign policyEnforcement actionsDocumented

Chinese regulators prohibit token fundraising

Seven Chinese agencies declared initial coin offerings unauthorized and ordered fundraising activity to stop.

THE RIDE EXHIBIT · DRAG TO LOOK AROUNDRide to this stop

The notice primarily addressed token sales rather than Bitcoin's protocol, but it marked a broad tightening of China's digital-asset policy. Authorities subsequently intensified pressure on domestic trading venues.