Swiss regulators crack down on ICOs, say some might be guilty of 'terrorist financing'

NEW YORK — Switzerland's financial watchdog, the Swiss Financial Market Supervisory Authority, is concerned that some initial coin offerings are violating the country's laws against "terrorist financing."
FINMA announced on Friday that it was looking into a number of ICOs for breaching "provisions on combating money laundering and terrorist financing" and other regulations. 
ICOs allow startups to issue their own digital token to raise, in some cases, millions