On August 23 and 24, officials from the People’s Bank of China and scholars from Peking University arrived in San Francisco and had in-depth discussions with delegates at the Federal Reserve Bank of San Francisco as well as some fintech companies including Coinbase, Prosper, Sofi, Circle and Ripple; discussion topics focused on digital currency, regtech, lending and inclusive finance; Sun Guofeng, the head of the Research Institute of PBoC, and Yao Qian, the head of Digital Currency Research Institute of PBoC, attended the tour; a report on the status quo of US fintech market, regulatory environment and its implications on China will be written after this visit. Source (Chinese)
