China’s top-level internet censorship agency has set out how it plans to regulate blockchain-related service providers in the country.

The Cyberspace Administration of China (CAC) published a draft policy on Friday, called “The Regulation for Managing Blockchain Information Services” and is now looking for public feedback before it will take effect.

The rules, if enacted, would apply to any China-based entity regarded as a blockchain information service provider, and would represent one of the country’s first regulatory frameworks drawn up specifically for the blockchain industry.

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