Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Xiao Zhan for the clue delivery! CTOnews.com May 22 news, according to CCTV financial news, recently, the CSRC formally approved the first application scenario of digital RMB in the securities market, investors can use digital RMB to buy over-the-counter financial products such as public offering funds.

It is understood that after the function is online, qualified users will complete the binding of digital RMB wallets, and when investing in over-the-counter financial products such as public funds in securities App, they can use digital RMB to pay, and orders can be issued in 7 × 24 hours, and because the digital RMB has the characteristic of "payment is settlement", redemption and withdrawal can be made one day in advance. In addition, the digital RMB has the characteristics of "loadable intelligent contract", "traceable", "can not be illegally forged and copied" and so on.

CTOnews.com noted that the first digital RMB application scenario of Galaxy Securities and Industrial and Commercial Bank of China official Xuan Securities Market was approved by the CSRC on May 19. This marks that Galaxy Securities has become the first brokerage in the industry to invest in over-the-counter financial products through digital RMB.

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