China proposes new rules requiring blockchain providers to register users using real names

The country's internet regulator, the Cyberspace Administration of China, published draft regulations on Friday for public review. Under the proposed regulations, Chinese blockchain service providers will have to require their users to register under their real names and national identification card numbers. Additionally, these services providers will need to censor content deemed as threats to national security and store user data for inspection. These proposed rules comes after Chinese activists published an open letter about an alleged cover-up of sexual assault and harassment at a top university on the Ethereum blockchain to evade China's internet censorship. (Source: South China Morning Post)