It maybe a fake news, I never heard that China will legalize ico, the government holds a clear attitude toward ico, especially the main task is to ensure the finance security, I think there is no way to legalize ico for two or three years in China
Actually the new governor of the China Central Bank make a positive statement about crypto-currencies immediately after he got his seat. So this could be very real news and China will aim into taxes from all cryptos.
His predecessor was well known to be anti-crypto.
Yeah, I have been reading a whole lot about this guy and it seems he is a big time cryptocurrency enthusiast as most of the things he has been saying keeps tending towards how they can make it work and so on. However, it is not something he can do alone anyway, even though he is in a huge position to implement some monetary policies changes.
I really do not want to bother myself with anything that comes from China again anyway; it just seems like some set of non-serious government that does not know what they want. You hear one thing today and you end up hearing something different tomorrow.