Regarding ICO ban in China, it's only temporarily as the government is issuing a license to to do ICO, With emphasize on that the Chinese cryptocurrency community must understand that the government has not “forbidden” ICOs but instead “paused” them, demonstrating the government’s intention to resume ICOs in the near future. Bing also noted that the Chinese government and its financial regulators are currently considering the potential of allowing ICOs to raise money in a controlled environment, through a licensing program.
China Ban on ICO is Temporary, Licensing to be Introduced: Official
Hu Bing, a researcher at the Institute of Finance and Banking, says to the Chinese State TV that the government’s ban on initial coin offerings (ICOs) is only temporary
COINTELEGRAPH.COM
