Tag: Cyberspace Administration of China

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New Blockchain Regulations Raise Censorship Concerns

The Cyberspace Administration of China has released draft regulations—since translated by Asia Crypto Today—that would require blockchain users to register with their real names and government IDs. This move would effectively remove anonymity, a key premise of blockchain technology. This follows its blanket ban on cryptocurrency trading and initial coin offerings (ICOs) in 2017, and Chinese citizens’ censorship-evading moves to permanently enshrine a translation