China’s Securities Regulator Commits to Greater Use of Big Data and Blockchain

34

The China Securities Regulatory Commission (CSRC) has flagged the greater application of fintech to the Chinese securities sector.

Fang Xinghai (方星海), deputy-chair of CSRC, said that the authority would “strengthen organization and planning of tech development in the securities and futures sectors,” and “vigorously expedite the broader application of innovative technologies including big data and the blockchain in the industry.”

Fang made the remarks at a leadership team meeting to review fintech development awards that was recently held in Beijing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here