According to CoinMeta, Xiao Yuanqi, the deputy director of the Financial Regulatory Administration, pointed out at the 2026 Financial Street Forum Annual Conference on Fintech that the integration of artificial intelligence (AI) and finance is not merely a simple combination of technologies, but rather a systematic transformation involving strategy, business models, organizational processes, and culture. He emphasized that financial institutions need to strengthen their independent research and development, solidify their foundational capabilities in data, models, and engineering, and promote collaboration between industry and finance, as well as international cooperation. He also mentioned that AI applications in finance must have a sound governance framework to ensure that AI is used for good purposes, to safeguard data network security and business continuity, and to advance the digital and intelligent transformation of regulation. Furthermore, AI governance should be incorporated into the entire lifecycle management system to ensure that these applications are safe and controllable.