Blockchain Policy April Report: Domestic support policy information rose by 53.33%, Guangdong, Zhejiang and Guizhou were positive

In April, the National Development and Reform Commission issued the “Draft for the Guidance on the Catalogue of Industrial Structure Adjustment”, indicating that the elimination industry includes virtual currency “mining”, which further promoted supervision. However, the inter-chain pulse found that the domestic blockchain policy information this month is still mostly focused on support.

In April, the amount of information related to the domestic blockchain support policy increased significantly from the previous month, and the blockchain support measures issued by the ministries and commissions increased significantly.

Domestic: The number of supporting measures increased by 53.33% from the previous month.

Mutual chain pulse statistics, in April, there were 6 policy information on blockchain supervision in China, the number decreased from last month.

Among them, in addition to the supervision of the Bank of China Insurance Regulatory Commission and the Shandong Dezhou Government on the illegal fund-raising behavior of the name of the blockchain chain. The more important information is: On April 8, the National Development and Reform Commission issued the "Guidelines for the Guidance for the Catalogue of Industrial Structure Adjustments", and the sub-category "Others" in the third category – the elimination industry includes: virtual currency "digging" Mine" activity.

In addition, in mid-April, the Financial Secretary of Hong Kong said that the Hong Kong government and regulatory authorities are exploring the regulation of virtual trading platforms to study the trade finance blockchain platform.

Compared with the decline in the amount of regulatory information, the information on the support level of the domestic blockchain has increased by 53.33%. In April, there were 23 relevant information on the blockchain support policies in various provinces and cities in China.

(Cartography: Mutual Chain Pulse Institute Data Source: Public Information)

Among them, the support policy information proposed by the ministries and commissions has the most, with a total of five.

At the beginning of April, the National Development and Reform Commission publicly solicited opinions on the Catalogue of Industrial Structure Adjustment Guidance (2019, Draft for Soliciting Opinions). Compared with the version released in 2013, the 2019 guidance catalogue adds “big data, cloud computing, information technology services and blockchain information services within the scope of the state” to the encouraged “information industry”.

In mid-April, the Ministry of Industry and Information Technology publicized a list of pilot projects for the application of network security technologies, including six blockchain projects.

In addition to the central ministries, Guangdong Province and Yunnan Province have three blockchain support policy information released this month.

The support point of Guangdong Province is the application of the landing field: Shenzhen Weijian Committee and Ping An signed a cooperation agreement, and plans to use the blockchain technology to manage health records; Guangdong Financial High-tech Zone will create a “blockchain+” financial technology industry cluster; Shenzhen Qianhai Shekou Free Trade Zone released a work plan, which will promote the application of blockchain in the credit field.

Yunnan Province focuses on the development of blockchain innovation enterprises: Kunming Development and Reform Commission said that it will introduce blockchain innovation enterprises to vigorously develop the digital economy; Yunnan Province issued an action plan showing that it will introduce a batch of blockchains with blockchain as a breakthrough. Innovative enterprises; Lianghe County, Yunnan Province, promoted the construction of the big data computing center project of the block chain in Mangdong Town.

At the same time, Zhejiang Province and Fujian Province also released two support policy information to accelerate the development of blockchain. Guiyang City, Guizhou Province is making efforts to promote the development of blockchain: On April 3, Guiyang City issued the key points for the development of big data in 2019, focusing on the development of five major areas such as blockchain; on April 29, Guiyang High-tech Zone has been formulated. Ten blockchains and other entrepreneurial related support policies.

Foreign countries: the United States and Japan re-supervise South Korea's support

In April, there were 21 relevant information on foreign blockchain regulatory policies. As in the previous month, the United States and Japan still publish the most regulatory information.

(Cartography: Mutual Chain Pulse Institute Data Source: Public Information)

In the United States, there were five policy information releases on blockchain supervision this month, and the focus remained on issues related to cryptocurrency mining and cryptocurrency fraud.

In early April, the US Congress submitted two new cryptocurrency bills to address encryption pricing manipulation and enhance encryption competitive advantage; the US SEC issued guidelines to help determine the legality of digital currency securities; Missoula County, Montana, USA Mining regulations through cryptocurrency. Subsequently, there is information that the US SEC and the Financial Industry Regulatory Authority will meet in June to discuss issues related to cryptocurrency; the US SEC and CFTC jointly issued a warning against fraudulent cryptographic asset trading websites.

In Japan, there were three blockchain-related information releases in the second half of April: On April 16, the Japanese Finance Agency asked the virtual currency exchange to strengthen cold wallet management to prevent misconduct among insiders; April On the 17th, the Japanese Police Department, the Financial Services Department and the Consumer Affairs Department jointly reminded consumers to pay attention to virtual currency-related disputes; on April 22, Japan has formulated relevant manuals such as cryptocurrency supervision proposals, which will be submitted to the G20 leaders.

Not only the United States and Japan, India and Lithuania have tightened their cryptocurrencies this month.

The Bank of India announced a draft framework for the Financing of Financial Technology Regulations, explicitly excluding items related to cryptocurrencies. India has published draft regulations prohibiting and officially regulating cryptocurrencies.

The Lithuanian Ministry of Finance will introduce a legal amendment for the encryption company. The encryption regulations adopted by Lithuania are more stringent than those of the European Union, or become the first country in the world to implement FATF recommendations.

(Cartography: Mutual Chain Pulse Institute Data Source: Public Information)

Mutual chain pulse statistics. In April, there were 18 relevant information on foreign blockchain support policies, including 4 in South Korea and 3 in the United States.

The focus of Korea's support policy information is on application areas: South Korea will include services such as blockchain-based stock lending transactions into the priority review targets for financial reform services; South Korea's Ministry of National Defense issued the document "Using Blockchain Technology to Enhance the Reliability of Defense Business"; Seoul Six block-based administrative services will be launched in phases; Busan will be selected as the Korean Blockchain Regulations Free Zone.

Most of the United States is a bill introduced by the states. On April 26, the Ohio House of Representatives proposed a bill that would allow government entities to adopt blockchain technology. On the same day, Washington State signed a new bill recognizing the application of blockchain in commercial and digital signatures.

Inter-chain pulse statistics of blockchain policy in April 2019:

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