BTC $80,678.34 -1.41%
ETH $2,375.64 -1.21%
BNB $737.40 -0.73%
XRP $1.29 -2.90%
SOL $102.22 -2.16%
TRX $0.3297 +0.08%
DOGE $0.0782 -2.04%
ADA $0.2104 -2.85%
BCH $277.20 -2.99%
LINK $11.79 -3.36%
HYPE $77.01 -1.68%
AAVE $142.94 -4.38%
SUI $0.9567 -4.39%
XLM $0.1722 -3.29%
ZEC $1,170.97 -4.61%
AAPL $347.23 +0.21%
AMZN $248.82 -0.73%
GOOGL $321.67 -0.94%
MSFT $524.28 +1.36%
META $641.47 -0.89%
NVDA $211.46 -1.50%
TSLA $372.08 -1.57%
SNDK $1,240.75 -4.52%
INTC $86.78 -1.17%
SPCX $147.61 -0.80%
MU $883.53 +0.29%
AMD $518.37 -0.04%
BTC $80,678.34 -1.41%
ETH $2,375.64 -1.21%
BNB $737.40 -0.73%
XRP $1.29 -2.90%
SOL $102.22 -2.16%
TRX $0.3297 +0.08%
DOGE $0.0782 -2.04%
ADA $0.2104 -2.85%
BCH $277.20 -2.99%
LINK $11.79 -3.36%
HYPE $77.01 -1.68%
AAVE $142.94 -4.38%
SUI $0.9567 -4.39%
XLM $0.1722 -3.29%
ZEC $1,170.97 -4.61%
AAPL $347.23 +0.21%
AMZN $248.82 -0.73%
GOOGL $321.67 -0.94%
MSFT $524.28 +1.36%
META $641.47 -0.89%
NVDA $211.46 -1.50%
TSLA $372.08 -1.57%
SNDK $1,240.75 -4.52%
INTC $86.78 -1.17%
SPCX $147.61 -0.80%
MU $883.53 +0.29%
AMD $518.37 -0.04%

enm

All
Article
Flash

The 2026 Financial Street Forum Annual Conference will open on October 19, with plans to release the digital renminbi system

According to Beijing Daily, the 2026 Financial Street Forum Annual Conference will be held from October 19 to 22 on Financial Street in Beijing, with over 400 guests from more than 40 countries and regions attending. This is the fifteenth session, approved by the State Council, with the theme "Openness · Cooperation · Inclusiveness ------ Building a New Ecosystem for Global Financial Development Together."The annual conference plans to hold a main forum and parallel forums with a total of 21 topic activities and 3 special conferences. Among them, the Insurance Conference will be hosted for the first time by the National Financial Regulatory Administration, and the Investment Conference will make its debut, forming a matrix of special conferences with the Financial Technology Conference. More than a hundred achievements, including credit risk control strategy sandbox agents and quantum fusion algorithm intelligent evolution platforms, will be launched for the first time. The annual conference will expand its African sub-venue for the first time, initiate a three-city connection between Beijing, Hong Kong, and London, and hold 7 events in 5 overseas sub-venues in Hong Kong, London, Paris, Toronto, and Nairobi.The Financial Technology Conference in 2026 will further innovate its format and expand its scale, setting up 13 topic activities around cutting-edge issues such as artificial intelligence, blockchain, and smart finance. The People's Bank of China will host the Chengfang Financial Technology Forum within the framework of the conference and hold a seminar on artificial intelligence financial applications and risk prevention and control, continuing to organize a series of activities such as the Financial Technology Application Scenario Competition, and plans to release relevant achievements such as the central bank's digital renminbi system and digital renminbi smart contract ecological service framework.

The People's Bank of China reiterated the regulatory requirements for virtual currencies, prohibiting related businesses and pegged stablecoins to the renminbi

The People's Bank of China today reiterated in its financial education campaign that virtual currencies such as Bitcoin, Ethereum, and Tether do not have legal tender status and cannot be used for currency circulation; conducting virtual currency-related businesses within the country is considered illegal financial activity and is strictly prohibited.The People's Bank of China stated that without the consent of relevant authorities, domestic entities and their controlled overseas entities are not allowed to issue virtual currencies abroad, and no units or individuals, whether domestic or foreign, are permitted to issue stablecoins pegged to the Renminbi abroad. The People's Bank reminds the public not to participate in virtual currency issuance, trading, investment, or mining activities, to be wary of high-yield investment scams, and to avoid renting out bank cards, payment accounts, or participating in virtual currencies.In addition, the People's Bank advises caution against virtual currency investment products and trading platforms that claim "guaranteed profits" or "high interest"; not to participate in virtual currency issuance, trading, investment, or "mining" activities; not to join communities promoting virtual currency activities, not to click on links containing overseas virtual currency trading platforms, or download related apps; not to lend or rent out bank cards or payment accounts, not to buy or sell virtual currencies "on behalf of others" as instructed, and not to act as "drivers," "currency dealers," or "U merchants"; and to report any clues related to virtual currency business activities to the relevant regulatory authorities in a timely manner.

The Digital Renminbi International Operation Center has launched the "Shubi Da" cross-border settlement platform, with the first batch signing contracts with 26 institutions

The Digital Renminbi International Operation Center officially signed service agreements with the first batch of 26 financial institutions in Shanghai, marking the official launch of the brand operation of the upgraded "Digital Currency Cross-Border Settlement Comprehensive Service Platform" (CBETS).It is reported that with the overall upgrade of the infrastructure architecture, the original three platforms for cross-border digital payment, blockchain services, and digital assets have been officially integrated into CBETS. This platform has outstanding advantages such as low access costs, high settlement efficiency, and strong compatibility: it technically supports both centralized and blockchain systems, and the message standards are compatible with ISO20022; the business scenarios not only support cross-border retail scenarios such as barcode payment and tap-to-pay but also comprehensively cover remittances, trade, and investment and financing settlement, as well as wholesale and financial innovation businesses.The first batch of 26 financial institutions includes overseas branches and subsidiaries of banks such as ICBC, ABC, BOC, CCB, Bank of Communications, Pudong Development Bank, and Guangfa Bank, as well as Standard Chartered China and Xinyin International. After the business goes live, its services will cover multiple countries and regions including Hong Kong, Macau, Singapore, Laos, Thailand, the UAE, Qatar, and Brazil, further leveraging digital technology to facilitate cross-border trade and investment financing.
app_icon
ChainCatcher Building the Web3 world with innovations.