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"China Financial Stability Report (2019)” Highlights Cryptocurrency's Ability To Follow Government Guidlines
Summary: The Peoples Bank of China (PBoC) issued the "China Financial Stability Report (2019)” which discussed digital currency, blockchain technology, and the rectification of virtual currency exchanges. The movement of deep integration has a major impact on the economy and the financial system. Balancing the relationship between risk and innovation is a common concern with global ...
The Peoples Bank of China (PBoC) issued the "China Financial Stability Report (2019)” which discussed digital currency, blockchain technology, and the rectification of virtual currency exchanges.
The movement of deep integration has a major impact on the economy and the financial system. Balancing the relationship between risk and innovation is a common concern with global financial regulation. The report emphasized that since 2018, the financial system has diligently applied the decision-making arrangements of the Party Central Committee and the State Council, and executed the various tasks and measures in agreement with the guidlines laid out by the central government, and attained good results.
By Roland James
Tags: Blockchain,China,Cryptocurrency
Link: "China Financial Stability Report (2019)” Highlights Cryptocurrency's Ability To Follow Government Guidlines [Copy]
