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The Cyberspace Administration of China (CAC) has Announced new Blockchain Information Service Management Regulations

Blockchain

China continues targeting the many blockchain startups in the country restraining the anonymity of its citizens.

After China having recently fined citizens for using VPNs (virtual private networks) for accessing the ‘international internet’ in an attempt to ban the online freedom of expression, CAC (Cyberspace Administration of China) yesterday announced the latest regulations regarding the country’s blockchain firms. These new rules will be in effect from February 15.

 

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