TikTok uses "Project Texas" to fool Americans twice
The Washington Post reports the White House may allow TikTok's 'Project Texas' to continue, but Congress fears it's a sham that still lets China access data.
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CCP Established Digital Alliance RMB To Maintain Stability
The Digital RMB Industry Alliance, initiated by Newland and Huawei, held an election meeting at the 5th Digital China Construction Summit. The article details the alliance's members and criticizes the CCP's push for digital currency.
It was reported the 5th Digital China Construction Summit was held in Fuzhou, Fujian Province from July 23rd to June 24th. The Digital RMB Industry Alliance jointly initiated by Newland and Huawei held an election meeting. Wang Jing from Newland was elected as the first chairman of the alliance, and Newland as the chairman unit.
The Alliance includes 37 member units up to now, including several state-owned banks. It includes 9 banks, ICBC, ABC, BOC, CCB, BOCOM, PSBC, CMB, MYBank and WeBank.
Sources revealed that 123 million personal wallets have been opened, and the transaction amount is about 56 billion yuan. The so-called alliance is trying to forcibly implement the monitored digital RMB. The Chinese Communist Party (CCP), at the end of its life, is accelerating to push the digital RMB. The CCP wants to control the RMB transaction to exploit the Chinese people, to illegally collect a large amount of data such as personal information, contact lists, photos, and to control the people’s every move. It has become an important part to stabilize the regime.
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Translator: Himalaya UK – Badman Design&editor: HBamboo（昆仑竹）
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