According to PANews, China's Cyberspace Administration launched a new regulatory system on Nov 9, with the "Internet New Technology and Application Information Service Filing System" now in effect. The previous "Algorithm Filing System" and "Blockchain Information Service Filing System" have been suspended.

Shanghai's cyberspace authority clarified that blockchain service names cannot contain terms related to virtual currencies, exchanges, or ICOs. Services involving virtual currency issuance, trading, or ICO activities, servers deployed overseas, or incomplete ICP registration will affect filing approval. BaaS platforms must also be filed. Additionally, generative AI applications that use APIs to access filed models and provide services with public opinion attributes or social mobilization capabilities require registration.

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