Since the "White Paper on the Development of Blockchain Technology and Applications in China" issued by the Ministry of Industry and Information Technology in 2016 provided policy guidance for the development of the industry, the "13th Five-Year National Informatization Plan" first proposed to support the development of blockchain technology, and then the central bank successfully tested the digital bill trading platform based on blockchain technology. As the blockchain support policies gradually become clear, the application scenarios of legal digital currencies based on blockchain are expected to continue to deepen, and companies that have made early arrangements can enjoy policy dividends and lay a good foundation for future business expansion. Especially in the case of the recent astonishing development speed, a series of legal and compliant effective supervision issues such as industry supervision are particularly important. |
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Source: Xiaomi Financial Technology Research Cent...