https://www.sosobtc.com/article/23790.htmlChinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
China boasts an immense international economic influence and has contributed greatly to the international industries of business, service providing, and manufacturing. Considering its vast power, it was inevitable that China would take a firm stance regarding cryptocurrencies.