China Releases 11th Batch of Blockchain Information Services Names and Filing Numbers
It is reported that recently, according to the Administrative Regulations on Blockchain Information Services, the National Internet Information Office released…
It is reported that recently, according to the Administrative Regulations on Blockchain Information Services, the National Internet Information Office released the 11th batch of 502 domestic blockchain information service names and filing numbers.
The State Internet Information Office issued the 11th batch of domestic blockchain information service filing list, and the central data collection and other departments were filed
Interpretation of the news:
China continues to keep up its regulatory momentum in the world of blockchain technology. Recently, the National Internet Information Office (NIIO) released the 11th batch of 502 domestic Blockchain Information Service names and filing numbers. This release comes after the country updated its previously released Administrative Regulations on Blockchain Information Services.
The release of the latest batch of blockchain information services is one of China’s efforts to regulate blockchain technology’s use and application in the country. The new regulation requires domestic blockchain-based service providers to register their businesses with the NIIO to receive a unique filing number.
The NIIO maintains the registry and periodically releases information on new names and filing numbers of registered blockchain service providers. The registry ensures that blockchain users and stakeholders can validate and identify reliable blockchain service providers that meet the regulatory compliance requirements.
The NIIO’s release of the 11th batch of 502 blockchain information service names and filing numbers suggests that China is well on its way to build a robust blockchain ecosystem. The regulation will promote the development of the industry and safeguard the interests of stakeholders.
The regulatory oversight is also critical for fostering innovation and healthy competition. Blockchain technology has far-reaching applications in various industries, including finance, healthcare, manufacturing, and supply chain management. With this regulation, China is positioning itself to lead the blockchain revolution and help develop technology that has the potential to transform industries worldwide.
In conclusion, the release of the 11th batch of blockchain information service names and filing numbers is a positive development for the blockchain industry and China’s regulatory approach. The regulation will ensure quality and reliability of services for the industry and help drive innovation in the sector.
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