Deputy Director of the Management and Inspection Department of the State Administration of Foreign Exchange: We should jointly promote the inclusion of virtual currency regulation into legal norms

ChainCatcher news, at the 2022 Financial Street Forum Annual Meeting "Governance System and Financial Stability" parallel forum, Huang Hui, Deputy Director of the Management Inspection Department of the State Administration of Foreign Exchange and Chief Judge of the Civil Second Tribunal of the Supreme People's Court, stated that legislation in areas such as non-bank payment institutions and local financial supervision should be improved as soon as possible, strengthening the regulation of payment institutions and clarifying the boundaries of financial regulatory responsibilities between central and local authorities. We should jointly promote the inclusion of virtual currency regulation into legal norms and strengthen the governance of virtual currency transactions. (Securities Times)