Tagged: cyberspace administration of china

China: WeiyangX Fintech Review

Risk Alert against the Hype of Overseas Virtual Currency Exchanges Back in 2017, the People’s Bank of China (PBC), Cyberspace Administration of China and other 5 ministries published the “Notice on Guarding against Risks of ICOs”, stipulating that virtual currency trading and ICOs are illegal… Read More

Draft Laws Covering Blockchain / Crypto in China Will Require Use of Real Names, Private Censorship of Posts and Storage of User Data

The Cyberspace Administration of China has posted draft legislation that imposes sweeping responsibilities upon all Chinese companies providing access to blockchain networks, including the duty to censor content, South China Morning Post (SCMP) reports. The new laws were posted online last Friday and will be available for… Read More

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