The board of directors of Jiuzi Holdings approves the deployment of up to $1 billion in cryptocurrency investment policies Golden Finance reported that Jiuzi Holdings Limited (NASDAQ: JZXN) announced today that its board of directors has officially approved and adopted a cryptocurrency investment policy. This policy authorizes companies to allocate a portion of their cash reserves to specific cryptocurrency assets within a prudent risk management framework. After thorough research and careful evaluation, this strategic initiative was taken following the recent appointment of industry renowned encryption expert Dr. Doug Buerger as Chief Operating Officer (COO). Core policy framework: 1. Clear investment authorization and cap: The board of directors has authorized the company to deploy up to $1 billion in funds for the purchase of cryptocurrency assets to ensure risk exposure control. 2. Strict asset selection criteria: In the initial stage, investment scope is limited to Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Any future plans to expand to other assets must be re evaluated and approved by the Board Risk Committee. 3. The highest level of custody standard: The company will not self custody the encrypted assets obtained. 4. Professional supervision and governance structure: Establish a "Crypto Asset Risk Committee" led by the Chief Financial Officer, responsible for supervising the implementation of various policies and reporting regularly to the Board of Directors.