Payments News


China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain – CoinDesk

“Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial industry, according to a report from state media Xinhua News Agency. Fan said blockchain is among 17 categories of financial technologies, including cloud services and artificial intelligence, to be regulated under the new standards.”