In January 2018, Bloomberg released an article stating that 75% of the world’s bitcoin mining capacity is in China (wow!).
Back in September/October 2017 (before the Chinese government cracked down on exchanges), a number of sources estimated that China accounted for over 95% of BTC trading volume.
Hey Stephanie Simon! The SEC can consider a token to be a security even if it was not previously registered (before the ICO) with the SEC as a security — this is exactly what companies that have ICO’d are scared of now. If the company does their ICO under the guise of a utility token but later the SEC finds them to actually be a security, that opens the company up to serious lawsuits.