Blockchain Trade Finance Solution Developed By China’s Forex Regulator

Blockchain, News | April 26, 2019 By:

The State of Administration of Foreign Exchange (SAFE), China’s foreign exchange reserve regulator, has developed a blockchain system aimed to address inefficiencies in cross-border trade finance.

Local financial news agency CNStock reported that the blockchain platform, which was built in collaboration with the Hangzhou Blockchain Technology Research Institute,

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