China’s Securities Regulatory Commission (CSRC) will be promoting a national alliance chain to digitize the securities and futures market by introducing smart contracts and blockchain-based services. The announcement was made by the deputy director of the Science and Technology Regulatory Bureau of the CSRC, Jiang Dongxing, at the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium in Beijing. Dongxing affirmed that this digitization will be the key to the future of the industry.
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