1/ China’s “Internet regulator” just put out draft guidelines for “blockchain information & related services” and are asking for public comments. This is China’s first regulatory attempt at defining & setting the scope for the “blockchain information/ technology” category.

2/ For background: China’s Office of the Central Cyberspace Affairs Commission (formed in 2014) is basically the regulator that has oversight in anything that is internet/ information-related— yes, that includes censorship/ information control/ etc.

3/ This is China’s first attempt at both defining and setting the scope for the “blockchain information/ technology” category from a regulation aspect.

(Link to the notice here:

4/ There are a few mains objectives as laid out in the guidelines: 1. to better define the scope of a “blockchain information service”; 2. To foster the growth of the industry; 3. To protect interests of citizens and 4. To protect the interest of the state.

5/ Rule 10 in the draft points to China’s Internet Safety Laws and will be mandating all blockchain information service providers and **users** to provide identification proof (by way of government issued ID or phone number) in order to use/access the service.