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  •  China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering Risks

    China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering Risks

    China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering RisksCailian Press, July 3rd (Reporter Peng Kefeng) As money laundering methods continue to emerge in the financial sector, relevant departments need to adjust their business policies in a timely manner. Recently, China Post Savings Bank (China Post Bank) issued a statement on its official website stating that, in accordance with relevant anti-money laundering policies and requirements, it will promote the governance of digital RMB customer identity information...

    Blockchain 2024-07-04 10:53:33
  •  Industrial Bank's Digital RMB Interbank Cooperation: Openness and Win-Win, Empowering Scene Innovation

    Industrial Bank's Digital RMB Interbank Cooperation: Openness and Win-Win, Empowering Scene Innovation

    Industrial Bank's Digital RMB Interbank Cooperation: Openness and Win-Win, Empowering Scene InnovationSince obtaining the qualification of a designated operating institution for digital RMB, Industrial Bank has leveraged the "Bank-to-Bank Platform" interbank cooperation foundation to provide value-added services to partner banks based on the principle of complementary advantages and open win-win. The bank has been actively involved in digital RMB application promotion by collaborating on system technology output, building unique scenarios, and sharing marketing resources...

    Blockchain 2024-07-04 10:51:14
  •  Bitcoin and Ethereum Futures Plunge on Wednesday

    Bitcoin and Ethereum Futures Plunge on Wednesday

    Bitcoin and Ethereum Futures Plunge on WednesdayOn Wednesday (July 3), at the close of trading in New York, the CME Bitcoin futures contract BTC lead contract closed at $59885.00, down 3...

    Blockchain 2024-07-04 10:45:03
  •  Digital Yuan Drives Strong Rebound in Fintech ETFs, Future Prospects Look Bright

    Digital Yuan Drives Strong Rebound in Fintech ETFs, Future Prospects Look Bright

    Digital Yuan Drives Strong Rebound in Fintech ETFs, Future Prospects Look Bright This morning, digital currency and cybersecurity sectors experienced a rapid rebound. In the ETF market, the Fintech ETF Huaxia (516100) and Fintech ETF (159851) surged over 2...

    Blockchain 2024-07-04 10:43:36
  •  Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risks

    Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risks

    Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risksIn recent years, the digital RMB has been promoted in multiple pilot regions across China, and the potential risks brought by its anonymous nature have gradually emerged. Low-authority digital RMB wallet users may face anonymity risks during use, which could be exploited by money launderers...

    Blockchain 2024-07-04 10:40:53
  •  Digital Yuan Hard Wallet

    Digital Yuan Hard Wallet "Tap-to-Pay" Pilot Program Enhances Payment Experience and Expands Acceptance Scope

    Digital Yuan Hard Wallet "Tap-to-Pay" Pilot Program Enhances Payment Experience and Expands Acceptance ScopeTo effectively address the pain point of limited acceptance scenarios for digital yuan hard wallets, enhance the payment experience for overseas visitors, seniors, and other hard wallet users, and further expand acceptance coverage, the Bank of China, under the guidance of relevant departments of the People's Bank of China, has developed a digital yuan App "Tap-to-Pay" hard wallet collection solution and has piloted it in the Shenzhen taxi industry.Digital yuan hard wallets are characterized by anonymous acquisition, convenient opening, and a variety of styles, making them an effective measure to enrich payment methods for short-term foreign visitors to China...

    Blockchain 2024-06-21 16:11:50
  •  The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull Market

    The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull Market

    The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull MarketThe cryptocurrency market is experiencing a renewed bull run ignited by the launch of spot Bitcoin ETFs, and Wall Street is capitalizing on the opportunity by introducing leveraged and inverse ETF products that are further fueling market enthusiasm. This week, prominent financial product issuer ProShares launched Ultra Bitcoin ETF (BITU) and ProShares UltraShort Bitcoin ETF (SBIT)...

    Blockchain 2024-06-21 15:35:36
  •  Honor's 618 Battle Report Analysis: Foldable Phone Family Leads the Popularity Storm, Innovative Model Leads Industry Development

    Honor's 618 Battle Report Analysis: Foldable Phone Family Leads the Popularity Storm, Innovative Model Leads Industry Development

    Honor's 618 Battle Report Analysis: Foldable Phone Family Leads the Popularity Storm, Innovative Model Leads Industry DevelopmentThe 618 carnival shopping festival has come to an end, and major brands have released their battle reports, showcasing their impressive achievements. On June 19th, Honor released its 618 final battle report, which showed that Honor won the Android phone brand sales champion on JD...

    Mobile Internet 2024-06-21 11:57:46
  •  OPPO ColorOS 14 System Upgrade Plan: Feature Upgrades, Performance Optimizations, and Enhanced Experience

    OPPO ColorOS 14 System Upgrade Plan: Feature Upgrades, Performance Optimizations, and Enhanced Experience

    OPPO ColorOS 14 System Upgrade Plan: Feature Upgrades, Performance Optimizations, and Enhanced ExperienceUpgrade Plan OverviewOPPO recently released the ColorOS 14 system upgrade plan, bringing users a suite of new features and experience upgrades. The initial batch of upgraded models includes over a dozen popular devices such as the OPPO Find X7/N3 series and the OnePlus 11/12 series, with a phased rollout to all users by July 31st...

    Mobile Internet 2024-06-21 11:55:24
  •  vivo Achieves Outstanding Performance in 618 Shopping Festival, Sales Increase by 48% Year-on-Year

    vivo Achieves Outstanding Performance in 618 Shopping Festival, Sales Increase by 48% Year-on-Year

    vivo Achieves Outstanding Performance in 618 Shopping Festival, Sales Increase by 48% Year-on-Yearvivo recently released its 618 final report, announcing a remarkable 48% year-on-year increase in online sales across all platforms during this year's 618 shopping festival. Furthermore, sales across all categories on the official vivo online store doubled compared to the same period last year...

    Mobile Internet 2024-06-21 11:52:31
  •  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 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 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

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