While in India people are afraid of hidden mining, in China investors are urged to be cautious when working with cryptocurrencies, and also by ICOs. The Shanghai branch of the Central Bank of China (PBoC) published an official public statement, in which the authorities once again "remind" of the possible risks in trading the cryptocurrencies or conducting ICO through foreign companies. Also in the statement was noted and the positive dynamics of fraudulent transactions in the cryptocurrency field, because last year the ICO in the country was banned. But how are things really in fact? Something suggests that the cryptocurrency activity through offshore companies only grows stronger, is it so?
https://uniton.io/en/news/China-Central-Bank-Warns-of-Cryptocurrency-ICO-Risks-in-Public-Notice
https://uniton.io/en/news/China-Central-Bank-Warns-of-Cryptocurrency-ICO-Risks-in-Public-Notice