The People's Bank of China (PBoC), the country's central bank, is looking to clamp down on airdrops – free distributions of crypto tokens.
In its financial stability report for 2018, released on Friday, the PBoC said that "disguised" initial coin offerings (ICOs) including airdrops continue to grow in number, despite its previous efforts at cracking down on sales of tokens.
For instance, it said, some crypto firms are moving their projects overseas and using agents to invest on behalf of investors from China.