Tuesday, 31 August 2021

Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium in Beijing. Jiang Dongxing, deputy director of the Science and Technology Regulatory Bureau of the CSRC, stated this digitization is key for the future of the industry. China Aims to Digitize Financial Markets Using Blockchain The China Securities Regulatory Commission (CSRC) is interested in digitizing much of…

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