August, 2025. Shenzhen, China - Recently, a delegation from the School of Law at Renmin University of China (RUC) visited XGD.Inc to engage in a focused dialogue with XGD Digital Technology on the theme: "Foreign-Related Rule of Law in the Digital Economy Era: Challenges, Innovation, and Cross-Border Practices." Discussions centered on cross-border data governance and corporate compliance practices.
From Payment Terminals to Payment Ecosystems
At XGD's exhibition hall, the delegation reviewed the company's 24-year journey in electronic payments, tracing the evolution from financial POS hardware manufacturing to today's comprehensive payment ecosystem. Demonstrations showcased the group's technological advancement and global expansion efforts, with particular emphasis on cross-border payment solutions—a key area of interest for the visiting delegation.
When Legal Theory Meets Payment Practice
"Foreign-related rule of law is the safety belt for digital economy globalization," remarked one delegate during the exchange. The team shared their academic research in areas such as blockchain regulation and cross-border payment compliance, including insights from the jointly established Digital Economy & Rule of Law Laboratory with leading industry partners such as Alipay. Both sides agreed that a sound legal framework is essential to ensuring the healthy and sustainable development of the digital economy.
Bridging Rules and Practice:
Joint Exploration of Innovation
XGD.Inc representatives reaffirmed the Group's long-standing commitment to compliance first, sustainable growth. Leveraging its overseas resources, the Group has secured licenses from regulatory authorities in Europe, the United States, and Hong Kong. This "business + compliance" dual-driver model has become a cornerstone of XGD.Inc's international expansion.
In addition, XGD.Inc experts provided an overview of digital currency markets and applications. Both parties engaged in in-depth discussions on how innovative payment methods—including digital currencies—can be effectively integrated into KYC (Know Your Customer) compliance frameworks and government voucher programs.
Deepening Collaboration:
Building a New Rule of Law Ecosystem for the Digital Economy
Against the backdrop of deep integration between the digital economy and rule of law, this exchange established a strong foundation for future collaboration between XGD.Inc and RUC Law School. Potential areas include cross-border payment compliance frameworks and regulatory technology for digital currency.
This dialogue not only set the stage for future joint initiatives in academia and industry but also provided a new model for advancing the rule of law in the digital economy. Looking ahead, both sides are committed to strengthening cooperation and jointly exploring practical pathways for compliance and innovation in digital finance.
