Will the blockchain in the Chinese market undergo unprecedented changes after Yao Qian, director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was investigated?

Looking back at the past, the three major exchanges were forced to withdraw, and half of the blockchain fell into the hands of the United States. Is he responsible for this?

On April 26, China Business News reported that Yao Qian, director of the Science and Technology Supervision Department of the China Securities Regulatory Commission and director of the Information Center, was under disciplinary review and supervision investigation for suspected serious violations of discipline and law.

Yao Qian, born in 1970, is from Anhui. He has held multiple positions in the China Securities Regulatory Commission and the People's Bank of China, including director of the Science and Technology Supervision Bureau, member of the Party Committee of the Credit Information Center, and director of the Digital Currency Research Institute.

The investigation of Yao Qian this time has once again aroused public attention to supervision and compliance issues. We hope that relevant departments can thoroughly investigate and maintain market order.

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