#ChinaCACListsFiveIssuesAffectingBlockchainFilings
🚫 "Exchange" Is Now a Banned Word in China's Blockchain Registry
China's CAC opened a new filing system Nov 9 and named five ways a blockchain service fails.
⚠️ Top issue: crypto issuance, trading or ICO business
📊 Names can't say "virtual currency," "exchange" or "ICO"
🏦 Overseas servers or no ICP filing also block approval
The catch: chain tech stays welcome, crypto stays offshore. BTC sits near $74,700.
Will China ease these 5 red lines before 2028, or tighten them? 👇
$BTC
#ChinaCACListsFiveIssuesAffectingBlockchainFilings #China #CryptoRegulation
🚫 "Exchange" Is Now a Banned Word in China's Blockchain Registry
China's CAC opened a new filing system Nov 9 and named five ways a blockchain service fails.
⚠️ Top issue: crypto issuance, trading or ICO business
📊 Names can't say "virtual currency," "exchange" or "ICO"
🏦 Overseas servers or no ICP filing also block approval
The catch: chain tech stays welcome, crypto stays offshore. BTC sits near $74,700.
Will China ease these 5 red lines before 2028, or tighten them? 👇
$BTC
#ChinaCACListsFiveIssuesAffectingBlockchainFilings #China #CryptoRegulation
