logo

Wen Kaiyin: Deepen FinTech Collaboration in the Greater Bay Area and Enhance Integration of FinTech Resources within the Greater Bay Area

By: theblockbeats.news|2025/11/03 14:45:55
0
Share
copy

BlockBeats News, November 3rd. Wen Kaiyin, Deputy Director of the Local Financial Supervision and Administration Bureau of Guangzhou, Guangdong Province, China, stated at the Hong Kong Fintechweek 2025 that Guangzhou is taking the lead in national-level financial technology innovation regulation, capital market fintech innovation, blockchain innovation applications, digital RMB pilots, among others. Since the implementation of the financial technology innovation regulation pilot in 2020, Guangzhou has implemented 12 financial technology innovation projects. The capital market fintech innovation pilot has implemented the first batch of 13 pilot projects, ranking first in pass rate among pilot cities.

In the future, Guangzhou will closely cooperate in financial technology within the Greater Bay Area, leveraging the high level of financial internationalization in Hong Kong, the active innovation of market entities in Shenzhen, and the strong scientific research capabilities in Guangzhou. It will strengthen the integration of financial technology resources within the Greater Bay Area, increase support for the construction of financial technology infrastructure such as data transaction and storage platforms, and the national financial technology evaluation center. It aims to deepen mutually beneficial cooperation in areas such as building a financial technology collaborative innovation platform and a financial technology industry alliance. It will enhance the network effect of core cities in the Greater Bay Area through point-to-point connections and regional coverage, promoting high-quality development of financial technology in the Greater Bay Area.

-- Price

--

You may also like

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Hong Kong is no longer just a bystander in the cryptocurrency industry, but may become the core hub of the compliant cryptocurrency market in the Chinese-speaking world and even the entire Asia-Pacific region.

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure

While retail investors are still engaged in simple probability addition, top quantitative teams are systematically harvesting millions of dollars in arbitrage profits on Polymarket using hardcore mathematical infrastructure such as integer programming and Bregman projections.

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer

This entrepreneurial team from Singapore and Malaysia has indeed demonstrated its product execution capabilities to the market over the past three years, but they have also fully arbitraged every regulatory gray area with their business logic.

Bank Card Payment vs. Stablecoin Payment: Which is More Suitable for AI Agents?

Using bank cards to serve humanity and relying on stablecoins for high-frequency micro-trading with machines: Setting aside camp biases, a mixed payment architecture is the ultimate goal of AI entities in business.

Zuck is really out of touch! He actually acquired a dated Lobster-based social platform?

The asset pool Meta can now touch is not on the same level as it was in 2012

Key Market Information Discrepancy on March 11th - A Must-See! | Alpha Morning Report

1. Top News: Iran Reportedly Plants Mines in the Strait of Hormuz, Trump Warns of "Unprecedented" Military Strike 2. Token Unlock: $IO

Popular coins

Latest Crypto News

17:43

Analyst: The calmness of U.S. inflation data may hide potential risks, traders will closely monitor the performance of core services

Tastylive's global macro director Ilya Spivak stated that the next catalyst for the market is likely to come from the inflation data itself. Economists expect the overall CPI year-on-year for the U.S. in February to record 2.4%, while the core CPI year-on-year is expected to record 2.5%. However, be...
17:43

CZ: Binance's annual revenue is about $5 billion, and Forbes has seriously miscalculated my net worth

Binance founder CZ stated on social media, "Forbes' estimation of my net worth is seriously off. Binance is expected to have an annual revenue of about $5 billion, but they estimate my net worth at $110 billion. I feel that if I tried to claim I have a high net worth, they would actually lower my ra...
17:43

Data: Giant Whale pension-usdt.eth shorts Bitcoin and Ethereum, and longs crude oil, with a total value exceeding 80 million USD

According to monitoring by Lookonchain, the smart money address pension-usdt.eth is shorting BTC and ETH while going long on oil. The current positions are: 1,000 BTC (approximately $69.55 million), 8,950 ETH (approximately $18.07 million), and 30,000 xyz:CL (approximately $2.59 million).Since March...
17:43

Data: 40,000 SOL transferred from Kraken, worth approximately $3.4156 million

According to Arkham data, at 17:12, 40,000 SOL (worth approximately $3.4156 million) was transferred from Kraken to Binance.
17:43

Barclays: If oil prices remain around 100 dollars, the European Stoxx 600 index will fall to about 550 points

Barclays Bank expects that if oil prices remain around $100 per barrel and economic growth stays stagnant, the earnings per share (EPS) growth rate for European companies is likely to drop to a lower single-digit level, with the STOXX Europe 600 index falling to about 550 points.Historically, during...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com