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Compliance First: OFUYC Releases In-Depth Stablecoin Audit Solution

GlobeNewswire LogoGlobeNewswire1d ago

Compliance First: OFUYC Releases In-Depth Stablecoin Audit Solution - GlobeNewswire

Quick Summary:

OFUYC Strengthening Audit and Risk Control Segments To address the challenges, OFUYC has proposed three key initiatives: first, conducting high-frequency reserve audits using blockchain-verifiable ledgers and multi-party monitoring to ensure reserve assets align with token issuance; second, upgrading multi-signature wallet authority management and real-time risk control to analyze large or anomalous transactions and respond swiftly to violations; third, cooperating with multinational regulators and auditors to establish a unified data exchange protocol, providing technical support for cross-border verification and tracking, and promoting the formation of a new model of cross-border compliance for digital currencies.

This initiative aims to enhance reserve audit mechanisms, foster cross-border compliance cooperation, strengthen the OFUYC regulatory enforcement, and ensure the safe and sustainable operation of stablecoins in the digital asset ecosystem.

OFUYC: A Dual Audit Model and Its Industry Impact OFUYC emphasizes professional risk control through dual on-chain and off-chain audits, verifying stablecoin value from technical, legal, and market perspectives to boost investor confidence.

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Article Details

Author / Journalist: OFUYC BLOCKCHAIN HOLDING INC

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 10:27:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28466087

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 82 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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