News list for "services"
On March 6, Minister of Commerce Wang Wentao said at the economic theme press conference of the Third Session of the 14th National People's Congress that an important growth point for expanding foreign trade increment in the next step is to innovate and enhance service trade. The next step will be to promote opening up and build a platform, fully implement the negative list of cross-border service trade, and start the construction of demonstration zones for innovative development of service trad...
According to News.bitcoin, House Financial Services Committee Chairperson French Hill and Representatives Dan Meuser, Andy Barr, and Bryan Steil have urged the Federal Deposit Insurance Corporation (FDIC) to implement clearer regulations on digital assets. In a letter to FDIC Acting Chairperson Travis Hill, lawmakers expressed concern about federal regulators forcing banks to deny services to cryptocurrency-related businesses, a practice known as "banning bank accounts."
Eskender Abebe, head of ENS product and strategy for the Ethereum domain name service, announced in a post on the X platform that he has chosen to leave after two and a half years of service in the project and has now joined the AI proxy operating system project elizaOS as the chief product officer.
According to CCTV, Li Qiang chaired an executive meeting of the State Council to study service trade and service consumption.
Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
On Tuesday, Web3 domain name service provider Space ID announced a partnership with blockchain startup Story Protocol to provide an identity management solution, according to Cryptonews. Space ID will integrate its domain name infrastructure into Story Protocol. Human-readable domains like "jane.ip" will serve as proof of creation for blockchain verification, allowing IP owners to authenticate, license, and monetize their work on Story Protocol.
European Central Bank Governing Council Holtzmann said that services and core inflation are worrying. March interest rate decisions will depend on data. (Golden Ten)
Kim Byoung-hwan, chairperson of South Korea's Financial Services Commission (FSC), announced that the regulator will soon make a decision on whether to impose sanctions on Upbit, a crypto exchange that failed to meet customer authentication requirements. The decision follows an inspection launched by the FSC's Financial Intelligence Analysis Unit (FIU) at the end of August last year as part of the renewal process for Upbit's Virtual Asset Service Provider (VASP) license. During the inspection, i...
Speaking at the annual conference of the Asian Securities Industry and Financial Marekt Association, Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, said that Hong Kong will further relax asset appraisal requirements and accept investments made through qualified private companies. The tax system for funds and single family offices will also be improved, and a new change of domicile system will be introduced to attract more international companies to set up offices or...
Recently, the Guangzhou Municipal Government Service and Data Administration officially deployed the DeepSeek-R1 and V3 671B large models on the government affairs extranet. By fusing massive government data elements, the large models will enrich the application of government service scenarios. According to reports, on February 16, Shenzhen officially provided DeepSeek model application services to all districts and departments based on the government affairs cloud environment, realizing the int...
On February 16th, during a hearing of the US House Financial Services Committee, Rep. Ayanna Pressley expressed strong concerns about the growing prevalence of cryptocurrency scams and urged stronger consumer protections. She emphasized that the Consumer Financial Protection Bureau (CFPB) played an important role in fighting fraud, but was disbanded under the influence of Trump and Musk, particularly through...
According to The Block, Estonian nationals Sergei Potapenko and Ivan Turžgin, the operators of the defunct cloud mining service HashFlare, have pleaded guilty to multiple charges related to a 577 million-dollar cryptocurrency Ponzi scheme, according to the Department of Justice. Potapenko and Turžgin will be sentenced on May 8, and they face up to 20 years in prison. HashFlare suspended its mining service in 2018 and eventually ceased operations, profiting more than $577 million from it. Potap...
Global payment services giant Mastercard has reported that 30% of its transactions will be tokenized by 2024; at the same time, Mastercard has also recognized the ability of stablecoins and other cryptocurrencies to disrupt traditional financial services.
"All services have been restored," Phantom, a crypto wallet, said in a post on the X platform. "We apologize for the outage. We are taking steps to prevent future outages." Previously, about an hour ago, Phantom said that it had experienced a temporary service outage and that the team was actively working to resolve the issue.
According to CoinPost, Toyota Financial Services announced the issuance of the group's first blockchain security token bond (ST bond) on February 10, with a total amount of 1 billion yen and a one-year term. The project is jointly promoted by Toyota Financial, Toyota Finance, Daiwa Securities, Mitsubishi UFJ Bank, Mitsubishi UFJ Trust Bank and Progmat. The bond issue uses Progmat's digital asset management platform and is linked to Toyota's smart payment app "TOYOTA Wallet". Investors can subscr...
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