Beijing’s Finance Supervisor Bans STO

Beijing’s Finance Supervisor Bans STO

During a Wealth Management Forum held over the weekend at Beijing, Huo Xuawen, Beijing´s Municipal Bureau of Finance chief, has labeled all Security Token Offerings (STO) in Beijing as illegal financial activities. During his speech, Mr. Xuawen concluded that all institutions in charge of managing Beijing´s wealth needed to take into consideration the development of […]

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