Recently the government of China has forbidden all ICOs and initiated a major check of all projects. Moreover, all ICOs now have to return the funds to investors.
Do you think same thing might happen in other countries as well, or everything will stop on China?
I think this will not only stop in China, because usually a state government will learn from the way the government of another country. and after china prohibits ico, then most likely other countries will dare to take action to ban ico also in their country. but we hope I did not happen
This article from Forbes sums up the situation. It's not a bad news for ICOs or cryptocurrency but a good one.