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Chinese 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?
Chinese Government become more strict in cryptocurrency. Looking to it, they might found out something scam in ICOS - whcih maily the reason why they banned it to their country. people would benefit from this, not only the chinese one. but lets keep wait to the updates of it.