On Jan. 10, China’s Cyberspace Administration announced regulations to manage blockchain technology, requiring registration of real names and identification. After it comes into effect on Feb. 15, violation of the rules will be punishable by fines or prison.
The Chinese authorities have been increasing scrutiny of, and imposing legislation on, the country’s hundreds of millions of internet users. The Chinese Communist Party (CCP) has built up a formidable infrastructure of internet censorship, while passing increasingly draconian cybersecurity laws to ban online political dissident and try violations.
