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China needs to roll out a long-term policy framework for regulating big technology enterprises-"Big Tech", including those that are internet-based-so as to prevent spillover effects of any possible irregular activities on the financial services sector; the country should also tighten supervision of cross-border data flows, a senior researcher told China Daily. ....
Specialist urges Big Tech regulatory framework--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
E-CNY certain to promote renminbi s internationalization By CHEN JIA | China Daily | Updated: 2021-07-29 09:18 Share CLOSE E-CNY is promoted during an expo in Dalian, Liaoning province. [Photo by Lyu Wenzheng/For China Daily] E-CNY, the digital currency of China s central bank that is in the works, will further promote the process of renminbi internationalization once the RMB becomes the world s third-largest currency in terms of pricing, settlement and international reserves, experts said on Wednesday. E-CNY, or the digital RMB, is currently undergoing tests through trials. Cross-border e-commerce payments could be the next key scenario for e-CNY use because it is natural and particularly easy to accept , said Tu Yonghong, deputy director of the International Monetary Institute (IMI), which is part of the Renmin University of China. ....
Russia messing with Biden on two fronts politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.
China's Crypto Mining Crackdown a Blessing in Disguise bbntimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbntimes.com Daily Mail and Mail on Sunday newspapers.