Source: cointelegraph.com




Bitfinex has added NEO to its exchange, boosting prices by over 35 percent in 24 hours.


NEO- has gained 50 percent this Thursday, after a major cryptocurrency exchange announced it would add the asset for traders.



The Chinese platform-rsquo;s token, which- plummeted- following the People-rsquo;s Bank of China-rsquo;s ban on ICOs, is- currently trading- around $34, up from lows of near $17.



Bitfinex announced the move on Twitter and its blog earlier today.







-ldquo;Bitfinex is excited to support the NEO ecosystem and the team behind the token, and to experience first hand the growth and development of the project,-rdquo; it- commented.



Altcoins have staged a broad comeback in the days following the initial crackdown in China on Monday.



China ICO story not over



Bitcoin has also reversed its previous losses, continuing to trade at around $4600 as of press time from lows of $4008 earlier in the week.



NEO had received mixed support following the events, with commentators- eagerly awaiting- reactions from developers as to how the platform would continue operating under a ban or future restrictions.



The latest information from the PBoC meanwhile suggests the story is not over for ICOs in China, and that a regulated environment could surface. This, as witnessed earlier this year, would be a similar approach to that taken by Chinese regulators to- cryptocurrency exchanges.



-ldquo;This current ban is a -lsquo;stop-rsquo; but not a -lsquo;forbidden,-rsquo;-rdquo; a source close to regulators told a Chinese TV station in an interview.



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