Estimated reading time: 0 minutes, 27 seconds

The Bank of China is expanding its fintech innovation regulatory project to six new cities. So reports Cointelegraph.

china 156219 640smallThe project launched last year in Beijing. According to the article, the pilot program will now include Shanghai, Shenzhen, Chongqing, Hebei Xiong'an New District, Suzhou and Hangzhou.

“The bank believes fintech innovation projects under regulation will continue to protect consumer’s rights. At the same time, it will also help small and micro private enterprises to go through financing difficulties during the pandemic,” according to the article.

Read the full article from Cointelegraph.

Read 566 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline