Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

Chinese regulator State Administration of Foreign Exchange expanded its blockchain cross-border financing pilot program. Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given that […]

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Weaponizing Blockchain — Vast Potential, but Projects Are Kept Secret

“Emerging technologies such as blockchain have the potential to define the war industry over the coming decades,” former NATO Secretary General Rasmussen tells Cointelegraph. When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a bit too far? Jet engines […]

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China: Forex Regulator Warns Against Illegal Crypto Cross-Border Flows

China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows. China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows. Sun Tianqi, the chief accountant of China’s State Administration of Foreign Exchange (SAFE), made the remarks at […]

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China Studying How Blockchain and AI Can Be Used in Forex

China is reportedly looking into the application of blockchain to cross-border financing, with particular attention devoted to risk management applications. China is looking into the application of blockchain and Artificial Intelligence (AI) to cross-border financing, Reuters reports on Oct. 27. Blockchain in risk management Lu Lei, the deputy head of the Chinese regulator State Administration […]

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