Firms Have Borrowed $8.2 Billion from the Blockchain Platform of a Chinese Forex Regulator

2019-11-26 22:44

The Chinese regulator State Administration of Foreign Exchange (SAFE) runs a cross-border blockchain financing system and has helped firms with more than $8.2 billion. The SAFE platform has helped small and medium-sized (SMEs) corporations and enterprises with this amount of money in only 8 months after being opened, reports the Economic Information Daily. Ever since […] origin »

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China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments

A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […]

2019-10-29 01:44


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SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH

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