Country Heights ‘horse currency’ faces obstacles
The Securities Commission (SC)(pic) has ordered all ongoing ICOs to halt their activities and return all monies or digital assets collected from investors.
PETALING JAYA: Country Heights Holdings Bhd 
’s (CHHB) plan to conduct an initial coin offering (ICO) to issue its own cryptocurrency, called “horse currency”, has hit a speed bump.
The Securities Commission (SC) has ordered all ongoing ICOs to halt their activities and return all monies or digital assets collected from investors.
The regulator issued the warning to the ICOs after the rules on cryptocurrenices and digital tokens came into effect on Monday.
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