The Ministry of industry and information technology of China will evaluate the blockchain-projects under the measures for regulation of the industry in the country.
As reported by South China Morning Post, with reference to the Centre for the development of information technology industry of China (CIID), this activity, as well as preparation of a special rating will be engaged in research division of the Department.
In the first place, it will draw attention to 28 cryptocurrencies, including bitcoin, Ethereum, Ripple, Litecoin, Bitcoin, Cash, NEO, Verge and Stratis.
The division in the near time intends to provide “a global assessment of the public block chain”, however the authors do not report on what criteria they will conduct the study. We only know that they will take into account the technological possibilities and the use of projects.
Last week the local TV Voice of China published data, which were accused of crypto currency exchange and ICO projects in the continuation of illegal work. We will remind, in the middle of last year the Chinese authorities banned the ICO and suspended the operation of almost all of the crypto sites in the country.
Voice of China says that using illegal work cryptocurrency companies pursue “financial benefit at the expense of a growing trend of rising prices for bitcoin”. Also, the publication blames the exchange OKEx to use diagrams with bogus companies to enter the Chinese authorities astray.