China's latest draft measures should better regulate data protection and cybersecurity, but they could also result in the exclusion of some foreign firms.
China's internet regulator releases a draft of data protection law for public consultation; regulators take over Baoshang Bank due to serious credit risk exposure; and CSRC vice chair Yan Qingmin pushes for tougher penalties.
Casper Sek and Ben Qi of Jin Mao Partners examine the newly introduced provisions on blockchain information services and discuss their regulatory scope and how they will regulate such services.