Utter BS.

China has taken a stance, as did the US, that ICO coins are simply unregulated and illegal sales of securities.

Bitcoin was not launched and sold by a for-profit centralized corporation selling a product/security; Nor was litecoin for that matter; they were simply invented and put into the wild for anyone to mine. A world apart from being created and sold by a for-profit corporation as an interest or share in a centralized company for the purposes of 'fund raising'.

On the other hand, coins like Ethereum & Neo are certainly going to have a problem.

The US has also begun to regulate crypto exchanges, the Chinese are following suit along the same lines; This should simply make decentralized exchanges more popular.

This is not a 'blanket ban', pure FUD.