it's a good thing to ban ICO's since there are so much rediculous projects that are way way way to high prices and don't even existing yet like status, a decentralised message app worth over 100 million.... why? no one knows.. how will it ever make money? nobody knows... and so there are a lot of those thing air projects worth millions but no body knows why.... and china -> yeah counterfeit and rip offs all over the place there so the culture is not really trustworthy for this kind of things i believe so this bann is just a prevention for criminal ponzy scams and that is good... and it brings us all good prices to invest in already proven projects that are going on there like neo... thnx china