BOC says the financial system is dominated by emerging, less-regulated participants.

ByteDance has launched Seed2.1, a model family aimed at handling complex tasks across daily life, professional workflows and frontier research. Development incorporated internal and external user and developer feedback and was calibrated on real-case scenarios; evaluation now prioritizes performance in actual workflows over static benchmark scores. Seed2.1 significantly enhances general-purpose agent capabilities and strengthens cross-tool and cross-environment task delivery. The models are live in Doubao and TRAE products and the Seed2.1 API is available on Volcano Engine.

A U.S. judge blocked the Trump administration from using the revised immigration database to conduct voter-registration checks.