Former Vice President of Financial Institutions of China: Unregulated countries have found themselves at the bottom of the ladder due to the use of cryptocurrencies as fiat currencies.

06月

2021-6-10 11:37

According to the report, Wang Yongli, former vice president of China Financial Institutions and CFO of the Shenzhen Neptunus Group, pointed out in an interview with the newspaper that El Salvador chose Bitcoin to make a good profit. The simplest understanding is that they are using Bitcoin. The use of other digital crypto products entirely based on fiat currency can affect the economy and commerce due to their exchange rates.

Pan Gongsheng, Director of the State Department for Foreign Liability: Improving the Review Mechanism of "Combating Money Laundering, Terrorist Financing and Tax Evasion"

Pan Gongsheng, vice president of the State Enterprise Corporation and director of the State Department of Foreign Trade, said the situation at the Lujiazui conference on June 10 will improve business and financial management and risk prevention. On foreign markets, improve "macro-prudential and micro-surveillance" management, complete "the fight against money laundering, financial fraud, the fight against tax exemption" the inspection process, and the maintenance of stable and efficient operation. foreign trade. (Object)

2021-6-10 11:38