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Central bank plans clearinghouse for online transactions [Copy link] 中文

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Post time 2016-8-17 22:51:15 |Display all floors
Goal is to prevent fraud, increase transparency and guarantee funds
China's central bank is building a clearinghouse for online transactions to tame online finance risks and better regulate the expanding industry.
The People's Bank of China has approved preliminary plans for the establishment of the platform and the management plan submitted by the Payment and Clearing Association of China, the  ...

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Rank: 4

Post time 2016-8-17 22:51:16 |Display all floors
Why not use BLOCKCHAIN technology instead! It's more transparent, secure, and efficient.

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