The Chinese government is forcing blockchain companies to censor content, store users’ identity data and share it with authorities in a bid to support “orderly development.” As part of a new registration system, the Cyberspace Administration of China (CAC) will require users of blockchain platforms to submit their real names, national IDs, and even telephone numbers, Reuters reports. The CAC will begin imposing the rules next month. Any blockchain company found not to be recording the identities of users or allowing content to be censored will face punishment via fines or prosecution. China has already effectively declared victory in its… This story continues at The Next Web

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