October 22 (ChainDD) At the sixth meeting of the Standing Committee of the 14th National People's Congress, China State Council said that it would continue to prevent and resolve major financial risks, ensure that financial risks would be controllable as a whole, and further promote the rectification of risks such as "pseudo-financial exchanges" and third-party wealth management companies.

At the same time, China will crack down on illegal fundraising, resolutely curb virtual currency trading and speculation in the country, and continue to increase the investigation of money laundering cases.

In addition, it is necessary to strengthen the construction of financial infrastructure and prudently promote the pilot research and development of digital Yuan.