Does Internet finance need a license to conduct business in different places? '

A while ago, the ICP certificate of Internet finance made a lot of noise, involving the development of Internet finance business in different places.

There are two kinds of ICP certificates, provincial and national. According to the statutory requirements of ICP certificate, there are geographical restrictions. However, for Internet finance, because it is a new thing, there are no supporting laws and regulations at present.

For example, Hubei's Internet financial platform, Ehui Finance, has an ICP certificate (provincial version), but their business is all over the country and is legal at present. The latest regulations on Internet finance also do not specifically require ICP license.