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Briefing: 197 blockchain projects have registered with cyberspace authority

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Ramon Delo
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首批境内区块链服务项目公布 BATJ及多家机构入列 – Xinhua Net

What happened: The Cyberspace Administration of China (CAC) released the list of blockchain information services that have successfully registered with the filing management system.

The list includes a total of 197 blockchain projects, including big-name internet and financial service providers Baidu, Alibaba, Tencent, JD.com, Luxfax, and Ping An.

Registering with the system does not mean a company’s products or services are approved for commercial purposes, said the CAC, and it will continue to closely monitor the registered projects.

Why it’s important: The CAC released draft regulations for blockchain-based services in October, which require companies to implement real-name registration, maintain correspondence with authorities, and provide relevant information as requested.

The CAC expects the regulation to promote “orderly development” of the emerging technology.

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