PBoC Deputy Governor Warns Against STOs in China

Security token offerings (STO) – essentially initial coin offerings which are backed by tangibles such as a company’s revenues, profits or assets – are now officially banned in China. This emerged after the People’s Bank of China (PBoC) deputy governor, Pan Gongsheng, warned those issuing STOs that they were violating the law. “The STO business …

What is a Security Token Offering (STO) and Why You Need Help

About the Author: Jaron Lukasiewicz is the CEO and founder of Influential Capital. Jaron has been an executive in the industry since 2012, previously serving as CEO of Coinsetter, one of the first bitcoin exchanges in the US, and Cavirtex, a leading exchange in Canada. Both companies were acquired by Kraken in 2016. He runs a YouTube channel …