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Anand Prakash is taking an unexpected path toward building GrailAI, a startup that he recently launched to fight cancer.

And here’s the description of Amazon.com:

An online influencer introduces cosmetic products to customers through Taobao's livestreaming platform at a shopping mall in Xi'an, capital of Shaanxi province, on Wednesday. [Photo/Xinhua]

Analysts said the new regulations will facilitate M&A involving listed companies, and will improve quality of listed companies, shore up the structural upgrade of the economy, and contribute to the healthy development of the real economy.

Analysts said that authorities move to ban ICOs is not surprising given that ICOs, with strong liquidity and great risk exposure, have little positive influence on and relevance to the real economy, and it may be the start of further strengthened regulation over crypto-coin trading in the market.