Hello, guys.

Here’s «great» news from China where government is quite remarkable in many regards. Recently Beijing declared security token offerings (STOs) illegal. Unlike ICO where a company raises funds by selling tokens to the public, an STO gives holders the ability to share the profits of a company through dividends.

“The ICO (initial coin offering) model is getting left behind for a new concept called STO. I want to issue a warning to anyone considering running an STO in Beijing,” Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance said. “Don’t do it in Beijing – it is illegal. You can only engage in such activities with the approval from the government.”

Now that the ICO mania is gradually dying out, blockchain startups are seeking new ways to secure funding; and it seems the STO is cropping up as the solution. The move towards STOs does grant more rights to holders, but it is concerning that a year after raising billions of dollars in ICOs, companies are now seeking even more funding. Indeed, mainstream crowdfunding platforms like Indiegogo are also getting in on the STO action (though their offerings might not always be open to everyone). Hopefully, it goes better than their botched foray into ICOs.

What do you guys think about this move from Beijing – what signal does it send the crypto world?

Hello, guys.

Here’s «great» news from China where government is quite remarkable in many regards. Recently Beijing declared security token offerings (STOs) illegal. Unlike ICO where a company raises funds by selling tokens to the public, an STO gives holders the ability to share the profits of a company through dividends.

“The ICO (initial coin offering) model is getting left behind for a new concept called STO. I want to issue a warning to anyone considering running an STO in Beijing,” Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance said. “Don’t do it in Beijing – it is illegal. You can only engage in such activities with the approval from the government.”

Now that the ICO mania is gradually dying out, blockchain startups are seeking new ways to secure funding; and it seems the STO is cropping up as the solution. The move towards STOs does grant more rights to holders, but it is concerning that a year after raising billions of dollars in ICOs, companies are now seeking even more funding. Indeed, mainstream crowdfunding platforms like Indiegogo are also getting in on the STO action (though their offerings might not always be open to everyone). Hopefully, it goes better than their botched foray into ICOs.

What do you guys think about this move from Beijing – what signal does it send the crypto world?

Hello, guys.

Here’s «great» news from China where government is quite remarkable in many regards. Recently Beijing declared security token offerings (STOs) illegal. Unlike ICO where a company raises funds by selling tokens to the public, an STO gives holders the ability to share the profits of a company through dividends.

“The ICO (initial coin offering) model is getting left behind for a new concept called STO. I want to issue a warning to anyone considering running an STO in Beijing,” Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance said. “Don’t do it in Beijing – it is illegal. You can only engage in such activities with the approval from the government.”

Now that the ICO mania is gradually dying out, blockchain startups are seeking new ways to secure funding; and it seems the STO is cropping up as the solution. The move towards STOs does grant more rights to holders, but it is concerning that a year after raising billions of dollars in ICOs, companies are now seeking even more funding. Indeed, mainstream crowdfunding platforms like Indiegogo are also getting in on the STO action (though their offerings might not always be open to everyone). Hopefully, it goes better than their botched foray into ICOs.

What do you guys think about this move from Beijing – what signal does it send the crypto world?

Hi guys.

Bitcoin community on Reddit now has over 1m subscribers! Tuur Demeester, the founder of Adamant Capital, wrote on his twitter: «Wow, Reddit's Bitcoin community is now over 1 million. I remember when it was < 6,000... Many thanks to the hard work of @BashCo_ & the other volunteer moderators!»

People’s interest towards BTC is not going anywhere in spite of its high volatility and market downtrend. Well, as Ned Stark always warned us, the winter was coming – both in crypto market and in the real world. Let’s get cozy and make the most of this winter!

Trade smart.

Such an interesting thread with good content.

Will follow

Thank you!

We are happy you enjoy our work!

Best regards,

Trodax Team.

Hi guys.

Bitcoin community on Reddit now has over 1m subscribers! Tuur Demeester, the founder of Adamant Capital, wrote on his twitter: «Wow, Reddit's Bitcoin community is now over 1 million. I remember when it was < 6,000... Many thanks to the hard work of @BashCo_ & the other volunteer moderators!»

People’s interest towards BTC is not going anywhere in spite of its high volatility and market downtrend. Well, as Ned Stark always warned us, the winter was coming – both in crypto market and in the real world. Let’s get cozy and make the most of this winter!

Trade smart.

Hi guys!

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Hi guys!

The market’s been acting like a drama queen lately, don´t you think?

We would like to cheer you up and make a special offer. If you buy a Silver or a Gold subscription plan – you’ll get an additional month of this tariff FOR FREE! This offer is valid ALL DECEMBER!



To get your free month – just buy a month of Silver or Gold subscription plan and send us an email to [email protected] with your credentials and we’ll grant you an additional month of this plan!

Trade smart.

Trade with Trodax!