The speech was actually focused more generally on fundraising and the very last bit basically said that ICOs are over & STOs will also be prosecuted as unregistered securities offering if done without approval.
Same as what the US SEC has said. https://t.co/d6sPW5XkQJ
RT @masonic_tweets: Beijing taking a more aggressive stance on security tokens.
“Any new financial product or phenomenon ... we will crush them as soon as they dare to surface.” https://t.co/mX7ynq9V1r