The Cyberspace Administration of China has identified five scenarios affecting blockchain registration, including virtual currency issuance and trading. The Cyberspace Administration of China has released the "Summary of Common Questions and Answers on Blockchain Information Service Registration" on its newly launched "Internet New Technology and New Application Information Service Registration System," clearly stating that service names submitted for blockchain registration must not include terms such as "virtual currency," "exchange," or "ICO." The document outlines five scenarios that impact blockchain registration applications: 1⃣ Involvement in virtual currency issuance, trading, ICOs, or related business activities; 2⃣ Blockchain information service servers deployed overseas; 3⃣ Failure to complete ICP registration as required; 4⃣ Submitted materials are unclear or inconsistent information provided in the application; 5⃣ The service does not fall within the scope of blockchain information service registration. In addition, entities providing BaaS (Blockchain-as-a-Service)-related services—such as blockchain infrastructure, nodes, or evidence storage—to external parties must comply with the blockchain information service registration process. Foresight News previously reported that the Cyberspace Administration of China’s "Internet New Technology and New Application Information Service Registration System" went live on November 9 and enables integrated registration for generative AI, algorithms, deep synthesis, blockchain, and other technologies.
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