Deputy Director of the National Finance and Development Laboratory: System planning for regulatory technology needs for technologies such as blockchain

As the application of new technologies such as cloud computing and blockchain in the financial field is widely discussed, RegTech has also received attention from various countries. In an interview, Hu Bin, deputy director of the Institute of Finance of the Chinese Academy of Social Sciences and deputy director of the National Finance and Development Laboratory, said in an interview about how China's current development of regulatory technology indicates that regulatory technology requires systematic planning. First, it is necessary to pay attention to changes in the concept of financial supervision. Second, the introduction of new mechanisms such as regulatory technology is crucial.