China Tightens Grip On Blockchain-Based Services

Users of blockchain-based information services will have to register their real names and identity numbers in latest crackdown – even as Hong Kong moves to attract virtual asset traders

China has tightened regulatory pressure on blockchain-based information services, in an effort to ensure that authorities can trace any information posted online in the country back to the person who posted it.

The move follows other regulations banning trading in virtual currencies on the mainland – even as Hong Kong makes efforts to turn itself into a global capital for investment in cryptocurrencies.

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Source: Silicon UK