Fintech Regulation in China: Principles, Policies and Practices

Research output: Contribution to journalBook/Film/Article reviewResearch


The introduction provides an overview of the development and regulatory landscape of each of the topics covered in the book and introduces important regulatory bodies including the People's Bank of China, which functions as the nation's central bank, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and predecessor organisations. The author argues that although ICOs need to be regulated, the complete ban may stifle innovation. [...]the book advocates dividing ICOs into six categories based on the characteristics of the ICO and regulating them according to the category. [...]the book concludes in Chapter 9 with a summary of the Fintech topics discussed and the suggestions on how China can continue to lead in adoption of Fintech. Technological development and adoption in the field of digital assets moves quickly and in the short time since the book was written, the number of users on the Bitcoin lightning network has ballooned from a thousand worldwide to over three-million in El Salvador alone.3 This increased adoption and the increasing role of digital assets in the global economy along with more nations following China's lead in developing a CBDC makes Fintech Regulation in China all the more significant for those seeking to understand the current legal environment in China as well as the important role Fintech will continue to play in the future.
Rapid technological development has transformed the financial industry from payment systems and investment to the creation of digital assets and of central bank digital currencies (CBDCs). China has been a leader in the adoption of many financial technologies including mobile payments and the development of a CBDC while simultaneously banning Bitcoin and many other digital assets. Fintech covers a range of these developments and Fintech Regulation in China takes a comprehensive approach to addressing the development and regulation of various forms of Fintech across industries in China.
Original languageEnglish
Pages (from-to)149-152
JournalBanking and Finance Law Review
Issue number1
Publication statusPublished - 2022


Dive into the research topics of 'Fintech Regulation in China: Principles, Policies and Practices'. Together they form a unique fingerprint.

Cite this