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Industrial Bank Facilitates Digital RMB Payment for Taiwanese Nationals, Empowering Cross-Strait Integration
Industrial Bank Facilitates Digital RMB Payment for Taiwanese Nationals, Empowering Cross-Strait Integration Industrial Bank has become the first financial institution in China to support Taiwanese nationals in upgrading their digital RMB wallets through a cooperating bank channel. It has also successfully implemented the country's first digital RMB unit wallet payment transaction for a Taiwanese-funded bank, providing Taiwanese nationals and companies with more convenient and secure payment experiences and promoting cross-strait integration...
Blockchain 2024-06-19 14:42:48 -
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
UBS to Offer Bitcoin ETF, Launching Next Week
UBS to Offer Bitcoin ETF, Launching Next WeekAccording to Cailian Press on April 2, sources revealed that UBS will add a Bitcoin ETF service and launch it widely next week. UBS manages $3...
Blockchain 2024-06-19 12:20:03 -
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns Capital's profit-seeking nature is evident in traditional finance, commodity markets, and the current cryptocurrency market, which is booming. However, cryptocurrencies, powered by blockchain technology, still face unavoidable regulatory blind spots amid the ongoing struggle between the industry and financial regulators in the West...
Blockchain 2024-06-19 12:13:37 -
The 61,000 Bitcoin Money Laundering Case: The Escape and Recapture of a Mysterious Cult Leader
In March 2024, British media reported on a sensational Bitcoin money laundering case involving Ms. Yadi Zhang (the alias used by Ms...
Blockchain 2024-05-24 16:50:59 -
Digital Yuan Trial in Hong Kong Expands: Faster Top-Ups via Faster Payment System
Since the expansion of the digital yuan pilot in Hong Kong, several banks, including Hang Seng Bank and Bank of Communications Hong Kong, announced on May 17 that they are offering top-up services for digital yuan wallets through the Faster Payment System (FPS). FPS: Hong Kong's Fast Payment System FPS is a fast payment system launched by the Hong Kong Monetary Authority (HKMA)...
Blockchain 2024-05-24 16:46:22 -
New Progress in AI Registration: 19 New Companies Registered
With the development of AI technology, registration management of generative AI applications has drawn increasing attention. Recently, authorities released new progress in AI registration, with 19 new companies completing the registration process, providing important guidance for the standardized development of the industry...
Industry dynamics 2024-05-24 16:36:43 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Google Unveils Transformative AI Updates for Search and Beyond at I/O 2024
Mountain View, Calif. - May 15, 2023 - Alphabet Inc...
Industry dynamics 2024-05-24 16:31:02 -
realme P Series Set to Debut: Unlocking the Mid-Range with Limitless Power
realme is gearing up to launch its highly anticipated new smartphone series in the Indian market - the P series. The series is designed to dominate the mid-range segment, breaking the barriers of "boring design," "mediocre performance," and "all-around limitations...
Mobile Internet 2024-04-09 18:37:04 -
Redmi Turbo 3: A Lightweight, Durable, and Powerful Mid-Range Beast
On April 8th, Redmi Turbo 3's second day of pre-launch hype focused on its design and feel, aiming to create a device that delivers exceptional performance while being incredibly thin, durable, and comfortable to hold. 1...
Mobile Internet 2024-04-09 18:20:29 -
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours The digital asset market is seeing significant gains, with Bitcoin (BTC) leading the charge...
Blockchain 2024-04-09 18:15:06