Sofi Simplifies Crypto Conversions Amid Growing Digital Asset Demand

Sofi Simplifies Crypto Conversions Amid Growing Digital Asset Demand

SoFi Bank has launched a new feature allowing users to directly convert the cryptocurrency USDC into USD and deposit it into their bank accounts, streamlining the process of cashing out crypto. As a licensed bank, SoFi enables compliant conversion between crypto assets and fiat currency, providing a secure and compliant exit for digital assets. This move signals further acceptance of cryptocurrency by mainstream financial institutions.

01/15/2026 International Settlement
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Guide to Handling Lost Bills of Lading in Freight Forwarding

Guide to Handling Lost Bills of Lading in Freight Forwarding

This article discusses the handling of lost bills of lading in the freight forwarding industry, particularly the challenges faced during transit. Loss of a bill of lading can lead to compensation issues, typically requiring a guarantee deposit or a bank guarantee letter from the shipping company for reissue. It is also recommended that freight forwarders properly retain both original and duplicate copies of bills of lading to mitigate risks.

07/17/2025 Logistics Encyclopedia
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Douyin Shop Relaunches Personal Stores No License Needed

Douyin Shop Relaunches Personal Stores No License Needed

TikTok Shop has reopened its personal store option, allowing onboarding without a business license, lowering the barrier to entry for e-commerce entrepreneurs. This article details the onboarding requirements, permissible product categories, and deposit system for personal stores. It compares personal stores with individual stores, analyzes the advantages and limitations of personal stores, and provides a comprehensive guide for those interested in joining the platform as a personal seller.

01/05/2026 Logistics Industry Insights
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Douyin Shop Deposits A Guide for Merchants

Douyin Shop Deposits A Guide for Merchants

This article provides a detailed explanation of the differences and payment standards for TikTok Shop security deposits and creator security deposits. It addresses frequently asked questions regarding the impact of insufficient deposits, the relationship between shops and product promotion, and deposit refunds. This comprehensive guide aims to assist merchants and influencers in operating compliantly on the TikTok e-commerce platform, providing them with the necessary information about security deposits.

12/30/2025 Logistics Encyclopedia
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Ebay Seller Fees Key Costs and Strategies Explained

Ebay Seller Fees Key Costs and Strategies Explained

This article provides a detailed breakdown of the various costs associated with opening an eBay store. These include listing fees, final value fees, PayPal fees, and optional expenses such as store subscriptions, feature upgrades, and advertising. While eBay doesn't require a security deposit, the article emphasizes the need for careful budgeting and strategic use of free resources and promotional tools to achieve profitable growth. Smart financial planning is crucial for success on the platform.

01/06/2026 Logistics Encyclopedia
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Guide to Douyin Ecommerce Deposits for Merchants Influencers

Guide to Douyin Ecommerce Deposits for Merchants Influencers

This article provides a comprehensive interpretation of Douyin E-commerce's security deposit policy. It details the types, standards, payment process, and withdrawal/refund rules for both store security deposits and creator security deposits. This guide aims to help you navigate Douyin E-commerce with ease and avoid unnecessary losses. It covers everything you need to know about security deposits to successfully operate your store or promote products as an influencer on the platform.

01/04/2026 Logistics Encyclopedia
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Guide to Douyin Shop Types for Sellers

Guide to Douyin Shop Types for Sellers

This article delves into the five types of TikTok Shops (Individual, Enterprise, Flagship, Specialty, and Exclusive) and their differences. It highlights the distinctions between Individual and Enterprise shops regarding security deposit, trademark requirements, operating permissions, and withdrawal accounts. It emphasizes that shop type selection should be based on individual circumstances, offering operating focus suggestions for different types and general operational tips. This aims to help merchants succeed on the TikTok Shop platform.

12/31/2025 Logistics Encyclopedia
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Guide to Caisse Des Dpts SWIFT Codes for Global Transfers

Guide to Caisse Des Dpts SWIFT Codes for Global Transfers

This article provides a detailed analysis of the Caisse des Depots (CDC) SWIFT/BIC code CDCGFRPPXXX and its application in international money transfers. It offers guidance on finding branch codes and emphasizes the importance of verifying recipient information and understanding transfer fees. The aim is to help readers complete cross-border transfers efficiently and securely. Key considerations for international transfers, such as double-checking account details and being aware of potential charges, are highlighted to ensure a smooth transaction process.

09/03/2025 International Settlement
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