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?
It is just the ICOs released in China and maybe also disallowing their inhabitants to share in ICOs anyway this can be so hard to execute since there are by and by such a critical number of well-to-do Chinese and they can go to another nation to do what they require. In any case, China government has back for computerized cash.