They did not ban all ICO projects, but ban new projects using ICO means from raising fund from the market, I do agree with this because most of these ICOs look scamming in my opinion and especially that part of the world where scam is very high
There we go, someone who reads the news item past the headline. They are no longer allowing ICOs to be conducted as a means of fundraising - fair enough. But they're not going to criminalize people just for having held ICOs or even buying tokens and coins during ICOs. But don't worry, the government is doing this for the good of people. Now all those people who ran ICOs will have to watch their work and deliver what they promised or they will be hounded.