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Canada's Financial Transactions Reporting and Reporting Centre has updated its anti-money laundering strategy, highlighting the role of cryptocurrencies in combating synthetic opioid-related money laundering.
On November 19, Vice Premier He Lifeng of the State Council once again put forward three suggestions for Hong Kong after a year. He visited the Hong Kong International Financial Leaders Investment Summit in person on November 19 and made it clear that internationalization is a distinctive feature and significant advantage of Hong Kong, and supports Hong Kong to continue to maintain its characteristics and advantages, carry out wider and closer exchanges with other parts of the world, expand inte...
The Bank for International Settlements (BIS) report highlights that major Financial Institutions Groups are piloting tokenized deposits to improve settlement efficiency and programmability, but there may be risks associated with the transition to tokenization in traditional finance, including potential governance and legal framework issues as well as credit, liquidity, custodial and operational risks, which may differ from those faced by traditional market infrastructures and therefore require a...
On September 13, the China Financial Times commented that at the current stage, simply observing the growth rate of financial aggregates can no longer fully and truly reflect the effectiveness of financial support for the real economy. As our country's economy is undergoing transformation and upgrading and moving towards a high-quality development stage, the growth of money and credit required by the real economy has changed from supply constraints to demand constraints. It is difficult to blind...
On September 12, according to the Wall Street Journal, PwC's US branch is laying off about 1,800 people, accounting for 2.5% of the total number of employees. This is the first official layoff of the company in many years, and it is restructuring its product and technology departments to simplify operations and deal with the decline in demand for certain consulting services. About half of the layoffs are overseas and involve employees from assistants to managing directors, including business ser...
Xi Jinping made important instructions to emphasize that we should adhere to the integration into daily life and grasp the regularity, and continuously transform the achievements of party discipline learning and education into a strong driving force for promoting high-quality development. Cai Qi presided over the meeting of the Central Party Building Leading Group and delivered a speech, and Li Xi attended and delivered a speech.
In a post on the X platform, Binance CEO Richard Teng highlighted Binance's huge investment in creating a secure ecosystem. Teng said Binance's investment in resources, talent and efforts is "unparalleled" to proactively build a more secure crypto ecosystem. He believes that this emphasis on security is one of the important reasons for choosing Binance. Teng stressed that Binance always puts the well-being of its users and the industry first.
In his keynote address at the Bitcoin 2024 conference, Edward Snowden highlighted the pitfalls of political allegiance and the privacy concerns surrounding Bitcoin. He urged individuals to get involved in voting, but warned against blindly following political ideologies. Snowden also raised significant concerns about privacy in Bitcoin. He noted that Bitcoin transactions are not anonymous and can be traced back to individuals, which poses a risk to personal privacy. Despite the widespread miscon...
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