Express

China Looks Into Blockchain And AI For Cross-Border Financing

Ramsey Baker

Summary: China has been studying the application of blockchain and Artificial Intelligence for cross-border financing, according to Reuters. The work will have a focus on both risk management and liberalizing capital markets, according to the Deputy head of the Chinese State Administration of Foreign Exchange (SAFE) Lu Lei. Lei made it a point to say that ...

China has been studying the application of blockchain and Artificial Intelligence for cross-border financing, according to Reuters.

The work will have a focus on both risk management and liberalizing capital markets, according to the Deputy head of the Chinese State Administration of Foreign Exchange (SAFE) Lu Lei.

Lei made it a point to say that SAFE promotes the application of fintech and AI to international finance and macro-prudential management.

By Ramsey Baker

Last Update:

Tags: ,,
Link: China Looks Into Blockchain And AI For Cross-Border Financing   [Copy]
  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 6 days ago
  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 7 days ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 13 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 19 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 22 days ago
  • You need to login to comment.