ACCRUED EXPENSES AND OTHER PAYABLES

9 Months Ended

Sep. 30, 2021

ACCRUED EXPENSES AND OTHER PAYABLES

ACCRUED EXPENSES AND OTHER PAYABLES

9. ACCRUED EXPENSES AND OTHER PAYABLES

Accrued expenses and other payables as of September 30, 2021 and December 31, 2020 consisted of the following:

	September 30,		December 31,
	2021		2020
	(Unaudited)
Accruals for professional fees	$	611,309	$	267,427
Accruals for consulting fees		302,308		365,634
Payroll payables		30,247		80,026
Trading and clearing system		5,509		—
Accrued interest		86,625		—
Other payables		37,797		15,001
Total accrued expenses and other payables	$	1,073,795	$	728,088