China’s Internet Censorship Agency Publishes Draft Regulations For Blockchain Startups

Blockchain, News, Regulation | October 22, 2018 By:

The Cyberspace Administration of China (CAC), the country’s Internet censorship agency, has published new draft regulations for blockchain-related service providers. The draft regulations is open for public consultation until November 2.

The draft, titled “The Regulation for Managing Blockchain Information Services,”

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India Approves Blockchain Research By BRICS Member Banks

Blockchain, News | September 13, 2018 By:

India’s Union Cabinet, the supreme decision-making body in the country led Prime Minister Narendra Modi, has approved a memorandum of understanding (MoU) on a joint research on distributed ledger and blockchain technology.

Earlier this week, the decision-making body announced that it would allow the Export-Import Bank of India (Exim Bank) and banks from other BRICS member states –

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Blockchain Trade Finance Platform Trial Launched By China’s Central Bank

Blockchain, News | September 5, 2018 By:

The People’s Bank of China (PBoC), the country’s central bank, is currently testing a blockchain trade finance platform, according to a report from local news outlet Shanghai Securities News.

Called “Bay Area Trade Finance Blockchain Platform,” the platform was developed by the Digital Currency Research Lab of the PBoC and the its Shenzhen branch.

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Chinese Regulators Issue Joint Warning On Fake Crypto Fundraising

News, Regulation | August 27, 2018 By:

Chinese regulators have warned citizens about illegal fundraising attempts claiming affiliation with the blockchain industry.

In a joint statement, the Banking Regulatory Commission, the People’s Bank of China, the Ministry of Public Security, the State Administration for Market Regulation, and the Central Cyberspace Affairs Commission warn of “lawless entities” seeking to raise funds “using the banner of financial innovation and blockchain” in exchange for crypto assets.

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