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?
For me it is a good news. ICO project needs regulation to avoid many scammers that use ICO to steal investors money. It also have a good effect in Bitcoin because only legit ICO will get a funding and it is a win win situation between the community, investors and the ICO developers.