The Payment & Clearing Association of China issued a warning to prevent cross-border gambling fraud involving virtual currency top-ups.
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The Payment & Clearing Association of China issued a warning to prevent cross-border gambling fraud involving virtual currency top-ups.
According to Foresight News , the Payment & Clearing Association of China has issued a warning about preventing cross-border gambling scams involving virtual currency top-ups. The aim is to help the public raise their awareness of fraud prevention and gambling resistance, and improve their ability to identify and combat scams. The Payment & Clearing Association reminds the public that cross-border gambling is a losing proposition, and participating in gambling through virtual currencies is more concealed and risky. Participating in gambling or providing fund settlement for gambling activities is illegal and violates regulations. Do not participate in virtual currency gambling transactions and safeguard your funds.
Two associations jointly issued an initiative to regulate and guide the healthy development of humanoid robots that provide emotional companionship.
According to Mars Finance, the China Humanoid Robotics 100 Association and the China Machinery Industry Federation jointly released an initiative today on regulating and guiding the development of humanoid robots for emotional companionship, advocating for the joint practice of "technology for good" and promoting the healthy development of the robotics industry. The initiative proposes that the industry should adhere to its original intention of serving human well-being, integrating safety and ethical standards into the entire process of product design, research and development, advertising, and application. It emphasizes strengthening personal information protection and building a solid defense for user privacy. It also stresses enhancing quality management, ensuring product safety, and effectively preventing risks of personal injury to users. Furthermore, it calls for focusing on key core technologies and increasing investment in basic technology research and development. The initiative promotes application based on practical application scenarios, facilitates technological iteration and upgrading, and drives improvements in product reliability and practicality through innovation. Finally, it advocates for collaboratively building an industry public platform, pooling the strengths of industry, academia, and research, and steadily enhancing the competitiveness of my country's humanoid robot industry. (CCTV)
Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach.
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.
The People's Bank of China: We will continue to implement a moderately loose monetary policy and increase counter-cyclical and cross-cyclical adjustments.
According to BlockBeats, on July 8th, the Monetary Policy Committee of the People's Bank of China held its second quarterly meeting of 2026. The meeting analyzed the domestic and international economic and financial situation, concluding that the current external environment is more complex and volatile, with weak global economic growth momentum, frequent geopolitical conflicts and trade frictions, divergent economic performance among major economies, and uncertainties surrounding inflation trends and monetary policy adjustments. While my country's economy is generally stable and moving towards new and improved directions, achieving new results in high-quality development, it still faces problems and challenges such as strong supply and weak demand, structural differentiation, and external shocks. The meeting stressed the need to continue implementing a moderately loose monetary policy, increase counter-cyclical and cross-cyclical adjustments, better leverage the dual functions of monetary policy tools in terms of both aggregate and structural aspects, strengthen the coordination of monetary and fiscal policies, and promote stable economic growth and a reasonable recovery in prices.
Crossmint has obtained a MiCA license and a payment institution license.
According to Foresight News , stablecoin infrastructure provider Crossmint has obtained a MiCA license and a Payments Provider (PSD2) license from the Spanish National Securities Market Commission, enabling it to operate independently as a stablecoin payment provider for its partners in EU countries without having to work with multiple licensed partners separately.