WebOct 30, 2024 · China's new cryptography law will come into effect next year. The digital currency is expected to be backed by China's central bank. It will work alongside mobile payment platforms like Alipay and ... WebOn 26 October 2024, the Standing Committee of the National People's Congress promulgated the Cryptography Law of the People's Republic of China. This law went into effect at the start of 2024. The law categorizes cryptography into three categories: Core cryptography, which is a state secret and suitable for information up to top secret;

China’s New Encryption Law Highlights Cryptography as a …

WebA new law relating to cryptography has been approved. This law will impact on the encryption import regulations. On October 26, 2024, the 14th meeting of the Stand Committee of the 13th NPC passed the Cryptography Law of the People’s Republic of China (“the Cryptography Law”), which will become effective on January 1, 2024. WebMay 30, 2024 · Nearly two decades after Directive No. 273 was formulated, China’s encryption regulatory regime remains a product of the government’s diverging goals. Early … pros cons mesh network

China passes law regulating data encryption Engadget

WebJan 1, 2024 · The Cryptography Law of the People’s Republic of China, adopted at the 14th Session of the Standing Committee of the Thirteenth National People’s Congress of the … WebThe Encryption Law requires the SCA and other government agencies to enforce the rules through day-to-day supervision and random inspections. In addition, the government plans to link this enforcement mechanism with China’s social credit system (Article 31), although the Encryption Law does not clarify how the two systems will interact. WebOct 29, 2024 · China's new cryptography laws go into effect on January 1. ... On October 26, the Standing Committee of the 13th National People's Congress in China voted to pass a new cryptography law. pros cons memory foam mattress