China is expanding the application of blockchain, the digital ledger technology behind cryptocurrencies such as bitcoin, in cross-border financing. Photo: Reuters
China is expanding the application of blockchain, the digital ledger technology behind cryptocurrencies such as bitcoin, in cross-border financing. Photo: Reuters
Blockchain

China to expand blockchain pilot, study FX reforms for cryptocurrency

  • Initiatives are aimed at strengthening China’s integration of financial technology and the foreign exchange market

China is expanding the application of blockchain, the digital ledger technology behind cryptocurrencies such as bitcoin, in cross-border financing. Photo: Reuters
China is expanding the application of blockchain, the digital ledger technology behind cryptocurrencies such as bitcoin, in cross-border financing. Photo: Reuters
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