China law enforcements arrested criminal group for organizing cryptoscamming pyramid

Bitseven.com – 27 members of criminal group “I’m clown” were arrested for organizing large-scale scamming scheme. They have launched a platform called IAC that is based on blockchain, meta-data and…

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China introduces new rules for blockchain platforms

Bitseven.com – Chinese blockchain platforms will be obliged to censor the content they host, provide to authorities access to the stored data and provide KYC procedures for their users. Reuter…

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China Takes Blockchain as a Weapon against Online Plagiarism

Bitseven.com – China has created an Internet Court in the eastern Chinese city of Hangzhou to deal with online-related cases and disputes, according to local media. The new establishment will use blockchain…

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