菜也要充钱

$BNB

Hope to break even this year, let's go.

#中国加密新规 New regulations related to cryptocurrencies in China continue to tighten, combining data security and anti-money laundering requirements. In September 2024, the State Council will issue the 'Regulations on the Management of Cyber Data Security,' which will take effect in January 2025, strengthening the implementation of the 'Data Security Law' and the 'Personal Information Protection Law.' Enterprises must achieve cross-border transmission of personal information through security assessments, certifications, or standard contracts, and conduct impact assessments. Cryptocurrency trading remains strictly restricted; following the ban in 2021, regulatory focus has shifted to stablecoins and the Web3 sector to prevent money laundering and illegal financing risks. The central bank is promoting the digital yuan and prohibiting payment functions of other cryptocurrencies. Enterprises must comply with anti-money laundering regulations and report large and suspicious transactions. In the future, there may be further regulation of blockchain technology applications, emphasizing data sovereignty and security. Relevant policy details can be referenced on the official websites of the National Internet Information Office and the central bank, while specific prices or details should be checked on x.ai or official channels.

#BitDigital转型 Bit Digital (BTBT) has transformed from Bitcoin mining to Ethereum staking and treasury management, launching a strategic adjustment in June 2025. Affected by high Bitcoin mining costs and declining revenues, the company sold approximately 280 BTC, raising $172 million to purchase 121,076 ETH, of which 105,015 have been staked, generating 211 ETH in the first quarter. In July, they plan to issue additional shares to raise $10 million to expand ETH investments. The low-energy consumption of Ethereum's PoS mechanism, along with annual returns of 3%-6.5% and the advantages of smart contracts, drives the transformation. In Q2 2025, revenue was $25.7 million, with a net profit of $14.9 million, and the stock price rose 8.9% for the year. The transformation may lead the industry towards a sustainable model, but it faces challenges from ETH price volatility, as well as technical and regulatory risks. (Total of 149 characters)

#中国投资者涌向印尼 Recently, Chinese investors have been accelerating their investment shift to Indonesia in response to high US tariffs (over 30%) on Chinese goods, seeking to circumvent trade barriers and expand into Southeast Asian markets. As Southeast Asia's largest economy, Indonesia's US tariff on exports is only 19%, comparable to neighboring countries like Malaysia, Thailand, and the Philippines, and lower than Vietnam's 20%. In the first half of 2025, direct investment from China and Hong Kong in Indonesia grew 6.5%, reaching US$8.2 billion. The Subang Smartpolitan Industrial Park in West Java, favored by Chinese companies in sectors such as toy, textile, and electric vehicle manufacturing, saw a surge in inquiries, and industrial property prices rose 15-25% year-on-year in the first quarter of 2025, the fastest pace in 20 years.

Indonesia's economy grew by 5.12% in the second quarter of 2025, the fastest pace in nearly two years, primarily driven by strong household consumption (which accounts for over half of GDP). Indonesia's vast consumer market of 270 million people and young workforce have attracted Chinese companies as both a production base and a market target. For example, a Chinese motorcycle lighting manufacturer enjoys a profit margin of 20-30% in Indonesia, significantly higher than China's 3%. However, Indonesia faces challenges such as bureaucracy, an incomplete supply chain, and insufficient infrastructure. Furthermore, China's dominance of Indonesia's nickel smelting industry (approximately 75%) raises concerns about dependence on a strategic sector.

Indonesian President Prabowo Subianto met with Chinese leader Xi Jinping in November 2024, strengthening bilateral ties. However, his recent visit to the US suggests Indonesia is seeking a balance between China and the US. The global trade environment remains volatile. Despite a 90-day extension of the tariff suspension between China and the US, uncertainty persists, and Trump has threatened to double tariffs on Indian exports. Indonesia needs to address regulatory and logistical bottlenecks to translate the investment boom into long-term economic benefits while maintaining strategic autonomy.