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Bitcoin $89,679.06 -2.61%
Ethereum $3,046.24 -2.37%
BNB $884.36 -1.53%
Optimism $0.30 -6.68%
Arbitrum $0.20 -6.58%
Solana $132.73 -4.87%
Polygon $0.22 +2.77%
Cosmos $2.19 -5.77%
Avalanche $13.39 -6.98%

Xinhuo Technology's subsidiary Xinhuo Trust fully upgrades its bank account system to provide new digital asset custody services to institutional investors

On February 7th, Xinhua Technology Holdings Limited (referred to as "Xinhua Technology", stock code: 1611.HK) announced that its wholly-owned subsidiary, Xinhua Trust Co., Ltd. (referred to as "Xinhua Trust"), has fully upgraded its bank account system and can provide convenient, fast, and cost-effective fiat currency custody services to institutional investors with the same name. It supports multiple currencies such as US dollars, Hong Kong dollars, and new currencies, making it easy for various types of funds and asset management institutions to open fiat currency accounts and meet fund audit requirements.

It is reported that Xinhua Trust holds a Hong Kong Trust or Company Service Provider (TCSP) license and can provide regulated digital asset custody services in Hong Kong.

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Xinhuo Technology's subsidiary Xinhuo Trust fully upgrades its bank account system to provide new digital asset custody services to institutional investors

All Comments

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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

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Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

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