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?
Maybe that is only temporary and later on China will allow again and unbanned ICO's. We don't know maybe China has better plan for crypto or they will start regulate it when they resume to accept and recognized ICO's projects. This thing that happen will always affect cryptocurrency but it was just temporary because crypto market always recover after trials.