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.
Bitfinex announced the move on Twitter and its blog earlier today.
-mdash; Bitfinex (@bitfinex) September 7, 2017
-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.