Additionally, the Swiss financial market regulator Finma released principles-based guidelines that would be applied case by case as opposed to prescriptive rules. It also designated a category called utility token, which are not considered securities. Some Chinese companies are moving to Switzerland, which is a hot spot for I.C.O.s; Geneva has even created a guide for token issuers.
FBI Agent Estimates 130 Crypto Investigations Underway – CoinDesk
The FBI is currently running 130 different cryptocurrency-related investigations, Bloomberg reported Wednesday.