Interpretation of "Block Chain Information Service Management Regulations": Block Chain Is No Longer An Extrajudicial Place From Today On
As a new Internet application technology, block chain technology has once become an "extrajudicial place" because of the lack of clear regulation and supervision while bringing development opportunities. On January 10, 2019, the National Internet Information Office promulgated the ‘Block Chain Information Service Management Regulations’ (hereinafter referred to as the Regulations). It came into effect on February 15, 2019, and ended the situation that block chain information services has no law to base on. This article will interpret the Regulations from three aspects: the background of its appearance, the content of its provisions and the places to explore.