The draft rules will prevent users from transferring funds to other users' bank accounts, cap the size of daily transactions and increase identification requirements.
Chinese regulators have restricted short selling of stocks in their latest step to stabilise the equity market and reduce volatility.
China will allow overseas investors to trade select domestic commodity futures using foreign currencies for settlement as it seeks greater influence over raw material prices.
China's move to regulate internet finance, though seen to legitimise a sector that has largely operated in a vacuum, may also reflect the government's support for traditional banks.
The China Financial Futures Exchange and the Moscow Stock Exchange have signed a memorandum of understanding to deepen their partnerships and promote common development.
The U.S. fund giant has won a special new licence that will allow it to raise funds in China directly for the first time.
The Federal Reserve Board has announced an enforcement action against one of the biggest banks in China, ordering it to restructure its anti-money laundering compliance program.
China may grant commercial banks stock broker licenses in a pilot programme allowing mainland lenders to conduct mixed business.
China has issued stricter guidelines to regulate Internet finance, calling for enhanced supervision of the sector while also pledging to support its development.
Zhu Guangyao believes that the supervision and the development of new regulatory frameworks will make it possible to weather any future market turbulence.