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China's People's Bank and other government agencies have declared initial coin offerings illegal and issued directives prohibiting banks and financial institutions from conducting ICO-related business.
The Tezos blockchain project has completed a record-setting initial coin offering that raised $232 million, surpassing the previous ICO fundraising record set by Bancor weeks earlier.
The EOS initial coin offering launched on June 26, 2017, beginning a year-long token sale structure that would ultimately raise over $4 billion, the largest ICO in history.
Bancor has completed the largest initial coin offering to date, raising approximately $153 million in ether during a rapid three-hour crowdsale that captured investor enthusiasm.
