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China Might Adjust FX Regulation for Cryptos

China is about to broaden the scope of its blockchain pilot in cross-border financing, Reuters reported Tuesday, citing a government official. Besides, China might reform the foreign exchange regulation to deal with cryptocurrency. Gov’t to Adjust Forex Regulation for Cryptos Lu Lei, deputy head of China’s State Administration of Foreign Exchange (SAFE), said at a forum in Beijing that the government pondered adjusting the forex regulation in the context of cryptocurrencies. The official stated: (The

The post China Might Adjust FX Regulation for Cryptos appeared first on Bitcoinist.com.

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