According to Caixin, the one-month public consultation on the "People's Republic of China Financial Law (Draft)" ended on April 19. This draft is China's first comprehensive financial law and has attracted market attention regarding regulatory authority, including granting financial regulatory agencies the power to review property information, communication records, and transaction data during investigations, as well as the authority to freeze assets and restrict outbound travel in specific circumstances.

Additionally, Zeng Gang, director of the Shanghai Financial and Development Laboratory, stated that the draft pays relatively little attention to emerging issues such as artificial intelligence financial decision-making, the legal status of digital currencies, and the boundaries of cryptocurrency regulation. The balance between regulation and innovation in related fields still needs further improvement.