China’s MIIT Approves 10 Firms for 700-Series Number Protection Service Pilot

This is a privacy-infrastructure move rather than a crypto or RWA story, and it matters mainly as a signal of how China's regulators are formalizing data-protection plumbing for platform economies. The direct beneficiaries are the ten approved firms and the delivery and ride-hailing platforms that must route user contact through a temporary number, shifting a privacy burden onto intermediaries. The open question is whether the pilot hardens into a permanent national framework and how the ten operators are chosen and supervised over time.