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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 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 -
NVIDIA's Market Value Soars, Startup Etched Challenges AI Chip Dominance
NVIDIA's Market Value Soars, Startup Etched Challenges AI Chip DominanceJune 26, 2023 - NVIDIA has become a Wall Street darling, seeing its market capitalization surge eightfold since late 2022, reaching over $3 trillion this month. However, a startup founded by Harvard dropouts, Etched, is poised to challenge NVIDIA's dominance in the artificial intelligence space by developing a competing chip called Sohu...
Industry dynamics 2024-07-04 10:52:08 -
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity Information
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity InformationPostal Savings Bank of China has recently issued an announcement to further strengthen the verification of the completeness and validity of personal customer identity information for digital yuan. The bank will impose restrictions on digital yuan wallets for customers with incomplete identity information...
Blockchain 2024-07-04 10:51:50 -
BYD's Rise: How Wang Chuanfu Surpassed Musk to Become the Global Electric Vehicle King
BYD's Rise: How Wang Chuanfu Surpassed Musk to Become the Global Electric Vehicle KingBYD, a Shenzhen-based company in China, is rapidly becoming a global leader in the electric vehicle industry with its impressive speed and innovation. Founder Wang Chuanfu, hailed as the Chinese Elon Musk, has led BYD to surpass Tesla and is poised to become the world's largest electric vehicle manufacturer, thanks to his deep commitment to electric vehicle technology and cost control...
Industry dynamics 2024-07-04 10:45:42 -
The Bitcoin Gloom: July Market Outlook
The Bitcoin Gloom: July Market OutlookWhile Bitcoin is shrouded in gloom throughout July, investors remain optimistic about the cryptocurrency's performance in the second half of the year. Since March, Bitcoin has been stuck in a narrow trading range between $60,000 and $70,000, failing to break out...
Blockchain 2024-07-04 10:42:44 -
Mt. Gox to Repay Users, Potential Bitcoin Sell-Off Looms: Short-Term Impact?
Mt. Gox to Repay Users, Potential Bitcoin Sell-Off Looms: Short-Term Impact?Mt...
Blockchain 2024-07-04 10:41:38 -
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 -
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 -
Domestic Market Competition Heats Up, Overseas Market Becomes Key to Growth
China's smartphone market is highly competitive, with brands struggling to differentiate themselves, leading to year-over-year declines for some. Consequently, overseas markets have become crucial for determining brand sales, with Malaysia being a significant player...
Mobile Internet 2024-04-08 16:43:10 -
Snapdragon 8s Gen 3 Smartphone Showdown: Redmi Turbo 3, Realme GT Neo6 SE, and iQOO Z9 Set for Fierce Competition
The smartphone market is heating up with brands like Redmi, Realme, and iQOO constantly releasing budget-friendly devices to capture market share. In this competitive landscape, three upcoming flagships powered by the Snapdragon 8s Gen 3 mobile platform are set to debut soon the Redmi Turbo 3, Realme GT Neo6 SE, and iQOO Z9 series...
Mobile Internet 2024-04-08 16:40:51 -
OnePlus Leads the Charge in Battery Life, Challenges Competitors
OnePlus China President Li Jie recently published a blog post declaring that OnePlus will lead the battery life revolution in 2024. He stated that the OnePlus 12, OnePlus Ace 3, and OnePlus Ace 3V have set new benchmarks for battery life in their respective price segments...
Mobile Internet 2024-04-08 16:40:02 -
Major Fund Companies Race into Bitcoin ETF Market via Hong Kong Subsidiaries
As the Bitcoin market flourishes, major fund companies are ramping up their presence to seize the investment opportunity. Notably, several have opted to take an indirect approach by establishing subsidiaries in Hong Kong to apply for and launch Bitcoin ETFs...
Blockchain 2024-04-08 16:38:31