Blockchain & Cryptocurrency

China Issues New Rules for Use of Blockchain Technology

The Infinite Brief
China’s Cyberspace Administration has unveiled rules and regulations for managing blockchain technology that require real name verification and registration.

When the new rules become effective on February 15, fines and/or prison sentences will be given to those who violate the regulations. 

Since blockchain saves data in a tamper-proof manner, the technology poses a formidable challenge for the authoritarianism of the Party.[/su_box]

Curated from Cointrust

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