Scan to download
BTC $77,329.64 +3.78%
ETH $2,426.96 +4.11%
BNB $639.91 +1.45%
XRP $1.48 +3.00%
SOL $89.18 +1.81%
TRX $0.3269 +0.22%
DOGE $0.1000 +1.81%
ADA $0.2614 +2.22%
BCH $454.60 +3.04%
LINK $9.66 +2.24%
HYPE $44.44 +1.79%
AAVE $117.28 +3.79%
SUI $1.01 +3.13%
XLM $0.1731 +4.62%
ZEC $332.76 -1.40%
BTC $77,329.64 +3.78%
ETH $2,426.96 +4.11%
BNB $639.91 +1.45%
XRP $1.48 +3.00%
SOL $89.18 +1.81%
TRX $0.3269 +0.22%
DOGE $0.1000 +1.81%
ADA $0.2614 +2.22%
BCH $454.60 +3.04%
LINK $9.66 +2.24%
HYPE $44.44 +1.79%
AAVE $117.28 +3.79%
SUI $1.01 +3.13%
XLM $0.1731 +4.62%
ZEC $332.76 -1.40%

qi

Shu Qin Technology is exploring the RWA compliance issuance path suitable for Chinese enterprises

According to Xinhua News Agency's client report, eight departments have issued a document further emphasizing that virtual currency-related activities are illegal financial activities, and have defined compliance boundaries for RWA tokenization as "strictly prohibited domestically and strictly regulated abroad," specifically naming Shuqin Technology as a pioneer in RWA compliance.It is reported that Shuqin Technology is a blockchain company based in Hangzhou. Public information shows that its founder was involved in founding "Yibit" and served as CTO, being one of the earliest blockchain entrepreneurs in the country. Previously, Shuqin Technology had explored RBA (Real Business Assets), relying on "fully trustworthy data" to structurally present business operations, revenues, and risks, and has formed a "triple credit enhancement" governance framework: supporting asset sustainability with real business, achieving verifiability and traceability with trustworthy data, and preemptively establishing compliance requirements and responsibility boundaries through governance structure. At the same time, Shuqin has introduced the "granular data" methodology, breaking down business into the smallest verifiable units, fully presenting the business process chain to meet key requirements such as authenticity, traceability, and risk isolation, providing underlying support for new productive enterprises to connect with international capital.

Guizhou Qiannan Cyber Police cracked a network pyramid scheme involving "virtual currency," arresting 15 criminal suspects

According to market news, Guizhou Qiannan Cybersecurity and Economic Investigation have collaborated to crack a "virtual currency" online pyramid scheme, successfully arresting 15 criminal suspects across multiple locations.Upon investigation, it was found that this pyramid scheme organization promoted the slogan "Everything valuable in the world can be tokenized," establishing a virtual currency platform without real-name transactions. They set up various levels, where members participated in the pyramid scheme by recharging and staking virtual currency, profiting through direct push rewards by developing downlines. It is a network pyramid scheme organization with more than three levels and thousands of participants.Criminal suspects Jia Moufu, Liu Mou, Duan Mouyao, and others set up a certain virtual currency online, using the lure of high returns from purchasing virtual currency to intentionally inflate the price of the virtual currency. They classified "identity levels" based on the amount purchased by members, with increasing returns as levels rose, encouraging "old members" to continue developing "new members" and attracting more people to participate in the pyramid scheme, achieving layered returns.The platform took advantage of most participants' lack of understanding of virtual currency, regularly conducting courses to promote phrases like "high returns, low risk," and assisted members in converting RMB into virtual currency through recharge services. Currently, all related suspects have been legally prosecuted.
app_icon
ChainCatcher Building the Web3 world with innovations.