Neo (NEO) is having an incredibly strong day in the market, following up on gains that we saw late yesterday. Ultimately, there are a couple of reasons for this. First and foremost, the cryptocurrency sector as a whole is bouncing back after news from a Congressional hearing in the United States reached the wire. However, there’s more to it for NEO. There’s also news of advice to the People’s Bank of China to embrace cryptocurrency from a key advisor. This is important as China, before the ban, was a key region for NEO. Today, we’ll talk about the news and what you should be watching for surrounding the cryptocurrency ahead.