Foreign Exchange Bureau’s 158 branches in Sichuan start blockchain business

A total of 158 branches of the Sichuan Branch of the Foreign Exchange Bureau have opened the blockchain business, covering 18 cities and prefectures in the province.

A total of 158 branches of the Sichuan Branch of the Foreign Exchange Bureau have opened the blockchain business, covering 18 cities and prefectures in the province.

It is said that it promotes the implementation of a number of foreign exchange facilitation policies to help the high-quality development of foreign-related economies.

Since the epidemic, the province has handled 375 online administrative licensing businesses.

Eleven banks across the province have used the platform to handle 87 business trade financings for 24 companies and have lent US$500 million.

https://e.thecover.cn/shtml/hxdsb/20200610/131060.shtml

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/11/foreign-exchange-bureaus-158-branches-in-sichuan-start-blockchain-business/.

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