On August 9, Shanghai Securities News reported that Wu Qichao, Deputy Director of the Market Supervision Department II of the China Securities Regulatory Commission, said at the Seminar on Digital Empowerment for Innovation and Development in Regional Equity Markets and the launch event for “Yiqi Rong,” held on August 8, that blockchain development in regional equity markets had achieved significant results in areas including penetrating supervision, standardization, resource integration, and innovative applications.

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