China just made a huge move against cryptocurrencies (cnbc.com)

Is the party over?

Can a company based in Zug get hit?

Could this be a move to protect the stability of the highly lucrative Bitcoin market in China? From what I can discern from the article, this would only appear to significantly impact new cryptocurrencies and ICOs. Could it be a potentially shrewd move to maintain the state of token-based investment to that of a commodity rather than a 'futures' market (especially given the current exchange rates between existing tokens and fiat currencies)?