TechFlow news, December 6 — According to Zhitong Finance, recently at the eighth membership conference of the Securities Association of China, Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), stated that financial technology innovation is currently thriving and profoundly changing or even reshaping the ecosystem of financial markets. Industry institutions should be adept at thinking, adapting, and seeking change, actively researching and steadily exploring the deployment and application of technologies such as artificial intelligence, big data, and blockchain in capital markets. He said the CSRC will work with industry associations to streamline mechanisms for securities industry innovation pilots, expand application scenarios such as regulatory sandboxes, and simultaneously improve monitoring, supervision, and risk response mechanisms for financial innovation activities.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
