Cryptopolitan

2019-12-24 17:23:30

China’s deputy head of the State Administration of Foreign Exchange (SAFE), Lu Lei, has revealed that the country will expand the scope of its blockchain cross-border financing pilot platform. He made this revelation at a forum in Beijing as the expansion will see China expand its blockchain project across the global forex markets. China, however, is on the verge of launching its digital Renminbi as both blockchain projects have garnered several speculations. Lei explained that with this advancement, the regulator will strengthen the integration of financial technology and the foreign exchange market. He mentioned that it would also help maintain