Important News from Last Night and This Morning (May 28 - May 29)

The State Council Promotes Blockchain Empowerment for Urban Governance and Digitalization of Housing Transactions According to the website of the Chinese government, the State Council proposed in the "15th Five-Year Plan for Urban Renewal" to advance the comprehensive digital transformation of cities, build a foundational platform for City Information Modeling (CIM), and create an integrated, unified, data-fused, and highly efficient digital base. The plan calls for improving the CIM foundational database and standard system, expanding the application scenarios of "CIM+" in urban renewal, and advancing the coding of buildings and municipal facilities to establish a national foundational information database for buildings and municipal facilities. Additionally, the document proposes promoting blockchain empowerment in housing transactions, property registration, and other services, as well as improving the three-tiered urban operation management service platform system at the national, provincial, and city levels to facilitate unified urban operation management through a single network. BlackRock Deposits 3,900 BTC and 31,702 ETH into Coinbase Asset management giant BlackRock has deposited 3,900 BTC and 31,702 ETH into Coinbase.