중국의 블록체인 기술에 대한 법적 규제와 그 시사점

Regulations on the block chain technology in China are to motivate the technology searching, to prepare the regulatory framework on the applied technologies, and to control the information security of block chain thoroughly. Early announcement of ‘rules of block chain information service control’ by the Chinese government and implementation of legal regulation on the block chain technology are part of the regulatory policy to motivate the technology but to control cryptocurrency. That means it is the will to make healthy ecosystem of new technology by controlling financial fraud by illegal ICO and selecting excellent block chain technology. This article introduced briefly the needs of legal regulations and the development status of block chain industry in China. Upon review of legal force on the block chain data and regulatory system on the block chain technology in ‘white paper to comply with the regulations on the block chain’ in China, rules of block chain information service control in China defined the control and supervising system with the Chinese governmental initiative focusing on the service providers of block chain information explicitly and also documented voluntary compliance to the regulations by service providers and multiple duties together with sound commerce rules, which implicates lots of things with the preparation of legal liabilities and effects of block chain information service.