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Xi Jinping issued important instructions on the work of national-level economic and technological development zones, emphasizing the need to continuously stimulate innovation vitality and endogenous motivation, and promote in-depth reform and high-quality development with high-level opening up to the outside world.
According to the China Court Network, the East Lake People's Court of the People's Court of Wuhan East Lake New Technology Development Zone in Hubei Province recently concluded a dispute over a virtual currency investment trust contract. Due to the freezing of the virtual currency trading platform, the investor's money could not be recovered, and the court ultimately rejected the plaintiff's lawsuit.
The Hawaii State Department of Commerce and Consumer Affairs and the Hawaii Technology Development Corporation (HTDC) issued an announcement Friday to remind the public that its regulatory sandbox, the Digital Currency Innovation Lab (DCIL), has ended on June 30. Cryptocurrency companies will no longer need a money transfer license issued by the state of Hawaii to conduct business in the state. However, they must comply with federal regulations. DCIL is a two-year pilot program in Hawaii establi...
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