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 The deputy director of the National Network Information Office of China:  Blockchain are driving the evolution of cyberspace to the Internet of Everything

According to Xinhua News, Yang Xiaowei, the deputy director of the National Network Information Office, said that with the new technological revolution, big data, blockchain and artificial intelligence will be applied. It is driving the evolution of cyberspace to the Internet of Everything, and the opportunities for the development of revolutionary new technologies in the field of Internet infrastructure resources need to be grasped.

Chengdu Police Department arrested a large cyber fraud group 

According to Xinhua News, Chengdu Police Department destroyed a large cyber fraud group and arrested 200 suspects. The group involved more than 900 cyber fraud cases nationwide, involving more than 10 million yuan. The victim it was defrauded by investing in gold, foreign exchange and bitcoin.

The deputy director of the Payment and Settlement Department of the People's Bank of China: Libra must be included in the central bank's regulatory framework

According to Caixin.com, Mu Changchun, the deputy director of the Payment and Settlement Department of the People's Bank of China, said Libra created a convertible digital currency that flows freely across borders. The emergence and development of this kind of stable currencies cannot be separated from the support and supervision of the central bank, as well as the compliance of regulation globally.

The Shenzhen Branch of the People's Bank of China and the Shenzhen Taxation Bureau start cooperation on automatic tax using the blockchain platform

According to 21 Financial News, the Shenzhen Branch of the People's Bank of China Shenzhen Central Branch and the National Taxation Administration Shenzhen Municipal Taxation Bureau signed a strategic cooperation framework agreement in to launch automatic tax filing in the central bank's trade finance blockchain platform.

"People's Republic of China Cryptography Law (Draft)" publicly solicits opinions

According to the Caijing.com, China National People's government announced the draft of the People's Republic of China Cryptography Law seek publicly solicit opinions. Liu Jinrui, an associate researcher at the Institute of the China Law Society, said that the "People's Republic of China Cryptography (Draft)" is not only conducive to the application of new technologies such as blockchain, but also to the commercialization of encryption technologies. 

Author: Yihan Xia

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