Lawyer’s opinion: In the future, the market will gradually return to the track of strict management; pseudo-“export” ICO projects will return

Xiao Sa, a lawyer and director of the China Banking Law Research Association, wrote today that as overseas regulators deal more and more with exchanges and project parties, seeking a balance between financial consumers and financial innovation, the attitude of regulators has changed, and it is expected that they will gradually return to the track of strict management in the future. With the tightening of external supervision, some Chinese pseudo-"exported" ICO projects are bound to return. Be careful of the risk of "organizing and leading pyramid schemes" and do not directly or indirectly instruct some organizations or communities to participate in the sale of coins.