On March 30, 2019, the Cyberspace Administration of China (CAC) released the first list of 197 blockchain information service providers that successfully registered pursuant to the Administrative Regulations on Blockchain Information Services. The list includes well-known Chinese internet companies such as Baidu, Alibaba, Tencent and JD.com, financial institutions like Ping An, China Zheshang Bank and Webank, as well as other blockchain information service providers such as Wanxiang and Beijing Internet Court. There are no true foreign companies that are allowed to register, at least not at this time.
Such record filing is only for the registration of blockchain information services and is not interpreted to mean that any entity, product or service has been recognized or approved by the CAC. As a result, a registered entity or individual is prohibited from using the record filing for commercial purposes.
Read more to learn more about the liabilities of blockchain companies in China and more information of the record-filing management system.