China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020!!!

The Standing Committee of the 13th National People's Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV.
Per the report, the new regulatory framework aims to set standards for the application of cryptography and the management of passwords. The new regulatory framework establishes the role of a central cryptographic agency meant to lead public cryptographic work, creating guidelines and policies for the industry.

Source: https://cointelegraph.com/news/china-passes-first-ever-crypto-law-going-into-effect-january-2020

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