In a significant move towards strengthening data governance and addressing cybersecurity concerns, the Cyberspace Administration of China (CAC) introduced new draft measures for the certification process of personal information protection in cross-border data transfers (CBDT) on January 3, 2025.
In today's interconnected world, cross-border transactions have become a common aspect of global business and personal finance. However, the complexity of U.S. tax laws can create significant challenges for individuals and businesses engaged in these international dealings. The U.S. tax system's
China’s foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), recently introduced stringent new rules aiming to intensify oversight of cryptocurrency activities. Set to become effective by December 31, 2024, these regulations specifically target illegal cross-border
In an unexpected but strategic move, Russia has started adopting Bitcoin for international trade to counteract the effects of stringent international sanctions. Russian Finance Minister Anton Siluanov confirmed that Russian companies have begun utilizing Bitcoin (BTC) for conducting international
As the global business environment continues to evolve rapidly, the logistics industry faces mounting pressure to enhance efficiency, transparency, and security within its supply chains. This dynamic landscape necessitates innovative solutions capable of addressing these challenges, and few
The integration of blockchain technology within the e-commerce sector is gaining momentum, and ECM Coin is at the forefront of this transformation. Launched by BigBull Capital, ECM Coin aims to address the prevalent challenges in digital commerce, such as payment inefficiencies, fraud, and the need
