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The State Council Information Office will hold a press conference on the theme of "Starting the 15th Five-Year Plan" at 10:00 a.m. on Wednesday, September 23, 2026. Du Jiangfeng, Vice Minister of Education, and Wang Guangyan, Spokesperson and Vice Minister of Education, will introduce the implementation of the 15th Five-Year Plan and the relevant situation of accelerating the construction of a strong education nation, and answer questions from reporters.On September 21st, officials from the Shandong Provincial Department of Finance and other departments interpreted the "Several Measures on Promoting Domestic Demand through Fiscal and Financial Coordination." Stabilizing expectations is a crucial guarantee for expanding domestic demand and stabilizing growth. The "Several Measures" address this from three dimensions: reducing costs, increasing investment, and optimizing the environment, to further boost market confidence. Regarding cost reduction, efforts are focused on both personal consumption and corporate financing, using methods such as loan interest subsidies to enhance consumption and investment willingness. For example, the implementation of personal consumption loan interest subsidies is optimized, providing a 1 percentage point subsidy for loans used by residents for consumption, with an individual receiving up to 5,000 yuan in government subsidies per year from one bank. Regarding increased investment, the role of investment funds is leveraged to guide and drive social capital to participate in new consumption areas such as digital and green technologies through market-oriented means, supporting the development of long-term consumption industries through "long-term capital" and "patient capital" investment. Regarding environmental optimization, the "financial chain leader" mechanism for 19 landmark industrial chains is deepened, special quotas for relending and rediscounting are allocated, "accelerating financial access to the grassroots" is promoted, and actions such as "direct financial connections for private enterprises to solve problems" are carried out to promote a virtuous cycle of consumption and investment, and supply and demand.September 21 - XtalPi Technology announced today that its scientific intelligence platform, XtalPi Science, has completed a major product upgrade, officially launching over 80 proprietary scientific skills and tools, and further expanding the scope of invited testing.On September 21, five departments, including the Ministry of Industry and Information Technology, jointly issued the "Notice on Organizing the Recommendation of National Green Computing Facilities in 2026," outlining the specific requirements and procedures for the recommendation process and releasing the "Evaluation Index System for National Green Computing Facilities in 2026." The new index system covers four aspects: energy utilization level, carbon emission management level, water resource utilization level, and computing resource utilization level. In terms of evaluation content, it newly incorporates indicators such as unit computing power energy efficiency, carbon utilization efficiency, digital carbon management, and product carbon footprint, further emphasizing energy efficiency and carbon efficiency leadership. Regarding scoring, it increases the scores for key indicators such as carbon utilization efficiency, water resource utilization efficiency, renewable energy electricity ratio, and rack resource utilization level, further emphasizing the overall requirements of green, low-carbon, intensive, and circular development.September 21 – The State Council Information Office held a press conference today on the theme of "Starting the 15th Five-Year Plan," introducing the relevant situation regarding safeguarding and managing the "national granary" and ensuring national food security. A relevant official from the National Food and Strategic Reserves Administration stated that during the 15th Five-Year Plan period, my country will further implement the high-quality grain project, continuously improve the quality and efficiency of the grain industrys development, and the grain industry is expected to achieve an annual total industrial output value of over 4.5 trillion yuan, better meeting the peoples needs as they transition from "having enough to eat" to "eating well" and "eating nutritious and healthy food."

Crypto lender Voyager Digital gets approval to return $270 million to customers

Alice Wang

Aug 05, 2022 15:16

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Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the U.S. Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the US Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


According to the Journal, Judge Michael Wiles, who is in charge of Voyager's bankruptcy, said the firm had "sufficient grounds" to back up its claim that clients should be given access to the custodial account kept at Metropolitan Commercial Bank.


The business did not immediately respond to requests for comment.


Voyager, one of several businesses that struggled after the widespread turbulence on the cryptocurrency market, filed for Chapter 11 last month.


Voyager reported that it had between $1 billion and $10 billion in assets and liabilities, as well as over 100,000 creditors, in its bankruptcy case.


The Federal Reserve and the Federal Deposit Insurance Corp (FDIC) issued an injunction to the firm last week directing it to stop making "false and misleading" promises about the government's protection of its clients' cash.


The firm only had a bank account at Metropolitan Commercial Bank, according to the authorities, and none of the investors using its platform were covered by the FDIC.


During the COVID-19 epidemic, cryptocurrency lenders like Voyager saw a surge in business, luring depositors with high interest rates and convenient access to loans that conventional banks seldom ever gave. Lenders have suffered from the recent decline in cryptocurrency markets, which was brought on by the failure of two significant tokens in May.