#网信办列出区块链备案五类情形

New coin issuance may affect filing

Earlier today, local time,
the Cyberspace Administration of China launched a new filing system
with a Q&A section

Service names must not include “virtual currency”
Terms like “exchange” or “ICO” are also prohibited

The Q&A makes clear
that these types of cases
include those involving new coin issuance
as well as trading or ICO-related services

It also applies if the server is hosted overseas,
if the required ICP filing has not been completed,
if submitted materials are unclear or information is inconsistent,
or if the service is outside the scope of filing

This is not a new, sweeping ban
The policy stance is clear
If you plan to conduct $BTC trading in China after filing,
this Q&A suggests it could affect your application

Things are tight already
I wouldn’t treat this as a new window of opportunity

#网信办列出区块链备案五类情形 $BTC