Now that the dust has settled: An overview of the Chinese clamp down & resulting impact.

[crypto-investing]

1. ICO's are now illegal. All ICO's in operation are to refund their financing

2. All trading of virtual currency is now illegal. ** This puts exchanges based in China at a huge and immediate risk

3. All institutions are to halt the funding of virtual currencies.

4. Neo is relatively unaffected and will continue to develop.