On December 19, 2017, China (Shenzhen) FinTech Global Summit was held in Shenzhen, focusing on cutting-edge issues in FinTech Innovation and Regulatory (Regtech).
In the morning discussion session, Yao Qian, director of Institute of Digital Currency of the People’s Bank of China, hosted the roundtable discussion of Digital Currency & E-payment, with invited guests of experts from Institute of Currency Digitization and professionals of related academia and industries, including He Baohong (director of Cloud Computing and Big Data Institute of China Institute of Information and Communication), Guo Rui (vice president of Tenpay), Yang Dong (vice president of Law School of Renmin University of China); Zhou Ziheng (researcher of the Institute of Finance, Chinese Academy of Social Sciences, and Zhang Yifeng (president of Zhongchao Blockchain Technology Research Institute).
Since the strong fist of ICO ban in September this year, discussions of the Central Bank’s developing on digital currency have been increasingly heated. Previously, Yao Qian has mentioned in public for several times that it was of great significance for the Central Bank to promote the development of legal digital currency and digital economy, to fundamentally guarantee the market position of legal tender. In today’s roundtable discussion, he affirmed the basic nature of digital currency being a kind of payment. In the context that China is currently leading the world’s mobile payment, it will be heading toward a promising prospect of smart currency in the future.
http://news.8btc.com/director-of-institute-of-digital-currency-of-pbc-dialogue-with-industry-experts-digital-currency-of-future-is-a-programmable-smart-currency
