PBOC to draft package for financial market opening

According to the sources  undisclosed, Chinese PBOC is to draft package for financial market opening
19 September 2017   430

There are plenty of rumours about Chinese cryptocurrency regulations nowadays. This one is about PBOC drafting package for financial market opening, reported by bloomberg.com.

Thus, according to the article, China’s central bank is drafting a package of reforms which would give foreign investors greater access to the nation’s financial services industry.

While the details of the plan have yet to be clarified, it is believed that it may include permission for foreign institutions to control their local finance-sector joint ventures, as well as raising the current 25 percent ceiling on foreign ownership in Chinese banks. It may also allow foreign firms to provide yuan-denominated bank card clearing services.

PBOC is to hold a meeting on Tuesday to discuss the preliminary plan of big financial liberalisation measures. This is pretty big news for the cryptocurrency world, as well.

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   69

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.