China Prepares for CBDC With Cryptography Law on Encryption Standards

On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean? On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide […]

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China Continues to Streamline Its Blockchain Patent Application Process

China’s National Intellectual Property Administration is further streamlining the rules in regard to the guidelines of blockchain patent applications. The National Intellectual Property Administration (NIPA) in China continues to clarify the guidelines for blockchain patent applications, which are set to become effective as of Feb. 1. At the end of December 2019, the NIPA announced […]

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