President Trump signed an executive order strengthening U.S. leadership in digital financial technology. These include: Protect and promote the ability of individual citizens and private sector entities to access and use open public blockchain networks for legitimate purposes without persecution, including the ability to develop and deploy software, to participate in...
Gold prices edged lower in early trading after the latest US jobs data reinforced the Federal Reserve's cautious stance on interest rate cuts this year, a scenario that boosted the dollar and sent gold futures down about 0.2 per cent. Ipek Ozkardeskaya, senior analyst at Swissquote, said in a note to clients: "Following the data release, the probability of the Fed not cutting rates in May surged to 67 per cent, while the probability of a rate cut in June was close to a 50/50 probability." Howeve...
US regulators plan to strengthen customer protections for cryptocurrency accounts. The US consumer banking regulator has suggested that US cryptocurrency companies should be responsible for refunds in the event of a customer account being hacked, bringing the standards for digital wallets into line with bank accounts.
1. Biden plans to strengthen the export control of AI chips before leaving office. 2. Huang Renxun: The performance growth rate of NVIDIA AI chips far exceeds the standard set by Moore's Law. 3. State-owned Assets Supervision and Administration Commission: It is necessary to vigorously develop artificial intelligence and accelerate the establishment of institutional mechanisms to adapt to the development of artificial intelligence. 4. Cyberspace Administration of China: A total of 302 generative...
On January 9, according to foreign media reports, the Biden administration in the United States plans to impose a new round of restrictions on the export of artificial intelligence chips from companies such as NVIDIA (NVDA. O) before leaving office. According to people familiar with the matter, the United States wants to limit the sale of artificial intelligence chips used in data centers at the national and company levels, with the aim of concentrating artificial intelligence development in fri...
January 7th news, at present, the addition of etomidate, synthetic cannabinoids and other new drugs and alternative substances of "top e-cigarettes" in the youth group abuse intensified, showing a rapid spread trend, serious harm to the people, especially young people's physical and mental health. In order to further strengthen the overall guidance of the "top e-cigarette" crackdown and rectification work, resolutely rectify the electronic cigarette drug-related prohibited substances chaos, stri...
1. MIIT further strengthens the management of the comprehensive utilization of waste power batteries for new energy vehicles. 2. Hainan: The personal charging subsidy for new energy vehicles will be "free of application and enjoy fast". 3. Tesla China: Buy the Model Y existing car, and the last payment will be reduced by 10,000 yuan. 4. Song Gang, the former director of Tesla's Shanghai factory, joined Vision and served as the senior vice president of supply chain. 5. Tesla complains that the re...
Golden Ten Futures, December 23rd, the Guangdong Provincial People's Government on the issuance of the "Guangdong Province 2024-2025 Energy Saving and Carbon Reduction Action Plan" notice. It is mentioned that the steel production capacity and output control should be strengthened. Strictly implement the replacement of steel production capacity, and it is strictly forbidden to add steel production capacity in the name of machining, casting, ferroalloys, etc., to strictly prevent the resurgence o...
On December 20th, it was exclusively learned from the industry that the Securities Association of China recently issued a notice in the industry to further strengthen the self-discipline management of chief economists of industry institutions from six dimensions: main management responsibilities, employment norms, pre-audit of external voices, and reputation risk management. The China Securities Association requires that if the chief economist causes reputational risk incidents or has serious ad...
On December 6th, Australia established a task force to strengthen the management of crypto ATMs. The task force aims to ensure that digital currency exchanges (DCEs) providing cryptocurrency ATM services meet minimum standards. The initiative aims to implement strong measures to prevent these machines from being used for scams, fraud or criminal transactions. Under the Anti-Money Laundering/Counter-Terrorism Act 2006, DCEs, including cryptocurrency ATM providers, must register with the Australia...
On December 6th, Australia established a task force to strengthen the management of crypto ATM machines. The task force aims to ensure that digital currency exchanges (DCEs) providing crypto ATM services meet minimum standards. The initiative aims to implement strong measures to prevent these machines from being used for scams, fraud or criminal transactions. Under the Anti-Money Laundering/Counter-Terrorism Act 2006, DCEs, including crypto ATM providers, are required to report to the Australian...
As Nvidia strengthens its presence in South East Asia, the company's founder and CEO Huang Renxun has agreed to open an artificial intelligence research and development center in Vietnam. The project, along with the Viettel Group data center with Nvidia technology, will help develop advanced artificial intelligence in the country, Vietnam's Minister of Planning and Investment Nguyen Chi Dung said at a signing ceremony in Hanoi on Thursday. Nvidia will also acquire VinBrain, the artificial intell...
On December 3rd, the reporter learned from the industry on December 3rd that in order to strengthen the risk management capabilities of the securities company group, maintain the stable operation of the securities company, prevent cross-border cross-industry contagion of financial risks, and promote the high-quality development of the industry, the Securities Association of China has drafted the "Guidelines for the Management of the Consolidation of Securities Companies (Trial) " in accordance w...
On November 24th, the article pointed out that at present, the work of guaranteed housing is being vigorously advanced, and the market expectations are positive changes. It is expected that by the end of this year, the amount of loan approval for "whitelist" projects is expected to exceed 4 trillion yuan. One of the key links in the work of guaranteed housing is to solve the financing problem of project construction. Since the beginning of this year, under the guidance of the Ministry of Housing...
"The decision to cut rates is a nod to growing confidence that inflation is on track to reach the Fed's 2 percent target - confidence based in part on signs in recent months that both labor and product markets are balancing," Kansas Fed President Schmid said in remarks prepared to be delivered to the Omaha Chamber of Commerce. He said that while progress toward returning to the 2 percent target means now is an appropriate time to cut rates, "interest rates...