SHANGHAI (Reuters) - Commercial banks should step up their application of blockchain technology to embrace digital finance, a Chinese central bank official said on Monday.
Li Wei, head of the People's Bank of China's technology department, made the comments at a forum in Shanghai. Last week, Chinese President Xi Jinping said the country's development of blockchain technology should be sped up.
(Reporting by Samuel Shen and Brenda Goh in Shanghai; Editing by Sonya Hepinstall)
