CRYPTOACTIVE AIRDROPS IN THE LOOK OF BANCO POPULAR DE CHINA

 CRYPTOACTIVE AIRDROPS IN THE LOOK OF BANCO POPULAR DE CHINA

The airdrops have been classified as offers initial currency (ICO) "disguised", which have persisted despite being banned in China.

 

Despite the efforts to suppress the initial offerings of coins, the people's Bank of China said that they have not ceased and that in addition, some is being carried out in camouflaged in the form of airdrops, an alternative to the ICO that the projects strategy d e blockchain made to advertise and which consists in the free distribution of criptoactivos in the initial stage of its launch.

In the report, the financial authority of the country explains criptoactivos issuers to give funds to the participants in the airdrops, instead of selling them in a day of collective funding, but reserved part of the criptoactivos for later swap them in the criptomercado once their price increases, thus obtaining an economic profit.

Also mention was made of other strategies used to circumvent regulations anti-ICO in China. As for example, the foreign agents who invest in projects blockchain on behalf of the resident Chinese in their country of origin. Faced with this panorama, the Bank stressed the need national coordination and international support, in terms of regulation, to protect investors.

China banned the best initial of currency (ICO) last year, in addition to order the closure of criptomonedas Exchange. As a result, developed various tactics to circumvent those prohibitions. Chinese citizens contacted with representatives of so-called projects of foreign criptoactivos through the application of IM WeChat, known as the "Whatsapp of China". Once it became known that several companies were related to blockchain and criptomonedas in China, the accounts of these organizations on WeChat were blocked.


Last August, the trade events related to criptomonedas in shopping malls, hotels and offices were also repressed

Despite all the prohibitions, the adoption of criptoactivos in China does not stop. Tech Life magazine announced that its copies may be purchased at bitcoins from the coming year. It also announced the opening of Ethereum Hotel, which will accept ethers as a form of payment.

This new pronouncement on the part of the Chinese central bank shows that so far the measures that have been taken have not been sufficient to halt the interest that exist in China around the criptoactivos, despite the constant warnings of potential projects fraudulent behind the ICO.