Xuan Changneng: Cross-border financial blockchain service platform has cumulatively raised more than 200 million US dollars

Xuan Changneng, deputy director of the State Administration of Foreign Exchange of China, revealed at a press conference on the 15th that since the Spring Festival, the cross-border financial blockchain service platform has completed a total of more than 200 million US dollars in financing and 87 service companies. The report pointed out that in March 2019, China's foreign exchange regulator initiated the pilot work of a cross-border financial blockchain service platform. Xuan Changneng said that as of February 3 this year, the scope of the pilot program has been expanded to 22 provinces, autonomous regions and municipalities across the country. More than 170 corporate banks have independently joined the platform. The platform has completed a total of $ 15.9 billion in financing and lending, and has served nearly 2,500 enterprises, including SMEs Accounting for 75%.