Huo Xuewen, Beijing Financial Bureau: The whole society's understanding of the financial technology industry has gradually returned to rationality

According to China Fortune Network, on May 26th, at the "2019 Tsinghua Wudaokou Global Financial Forum", Huo Xuewen, director of the Beijing Municipal Bureau of Local Financial Supervision, said that after the 21st century, with the advent of the fourth industrial revolution era, the Internet, the big The rapid development of technologies such as data, cloud computing, and blockchain has spawned the leap of financial technology. Since 2012, more and more enterprises have joined the field of financial technology. Due to the lag of regulatory rules and the low cost of illegal financial activities, the industry has once developed disorderly and caused huge losses to investors. However, with the improvement of the regulatory rules, the deepening of the special rectification of risks such as Internet finance, the wave of virtual currency “fresh” and the lessons of the P2P platform thunder and the initial establishment of the local financial supervision system, the whole society’s understanding of the financial technology industry Gradually return to reason.