Press Release
Hoo Appoints Dr. Farzam Kamalabadi as Global Executive Chairman, Part of Its Expanding Global Compliance Strategy
Recently, during a meeting Hoo CEO Ruixi Wang held with distinguished social activist Dr. Farzam Kamalabadi in Dubai, Wang had appointed Kamalabadi as Hoo International’s Global Executive Chairman.

Dr. Farzam Kamalabadi, known as “Huazan” in China, is the President of the International Friendship Cities Promotion Committee, the Chairman of the International Energy Conference, and the President of Future Trends International Group. Kamalabadi is also the Senior Economic Advisor for two-dozen municipal and regional governments in China, representative of economy & trade and senior advisor for GCC members, and senior presenter for conferences in global finance and oil sectors. Having established deep ties with senior officials from over a hundred of countries and regions, Kamalabadi is the only foreign personality who is recognized and authorized by world leaders and governments. Dubbed as the “most influential figure in restructuring global capital markets”, Kamalabadi is recognized as a chief designer and leader in emerging economies like blockchain. Kamalabadi once stated in 2019, “Cryptocurrency and blockchain technology represent the greatest power in changing the global financial system, and we must ensure its safety and healthy development by installing proper regulatory measures.”

Wang explained, “Dr. Kamalabadi is a seasoned professional when it comes to government relations. In many countries, he is hired as senior economic advisor and named as representative of economy and trade. Kamalabadi’s profound knowledge in global regulatory framework will bring great value to Hoo’s globalization process, while fueling Hoo’s development with global compliance.
As the trendsetter of the cryptocurrency market, Hoo has made significant progress, witnessed by its peers. From wallet to trading, Hoo has matured along the way, and is now setting its eye on the global market with the aim to build an international blockchain ecosystem. Currently, Hoo is one of the most diverse cryptocurrency trading platforms with its users from over 120 countries and regions. The record shows Hoo has already licensed as MSB in the US and Canada, creating a trading environment under compliance while strengthening its presence in Southeast Asia, USA, Canada, Cayman, Dubai, UK, Turkey, and India. Hoo’s globalization roadmap is moving forward by leaps and bounds.
In the globalization process, Hoo has welcomed compliance with open arms, knowing an industry could only grow with proper regulation. To embrace different global regulatory frameworks and to follow the guidelines, Hoo has made significant number of investments in compliance.

“Hoo is an innovation-based company aiming to promote the healthy development of blockchain industry,” Kamalabadi commented, “and they are very competitive when it comes to global market expansion. I am honored to build partnership with Hoo, and I look forward to providing them with my guidance in key policy and regulatory framework.”
Blockchain is a flourishing market. As the entire sector enters a new development phase of innovation and integration, blockchain will become the foundation of information digitalization, supporting its construction and development. With that, the relevant markets will welcome further expansion. Hoo firmly believes that the future of blockchain is through globalization and operation under compliance.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.

About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
How to Remove QuickBooks Multicurrency and Simplify Your Accounting
Brandon, MB, 4th December 2025, ZEX PR WIRE, Multicurrency functionality is a valuable feature for businesses that deal with international clients, suppliers, or operations. It allows companies to manage transactions, invoices, and payments in multiple currencies, providing flexibility and accuracy in global trade. However, there are scenarios where a business may choose or need to remove multicurrency features from their accounting software, whether due to a change in business strategy, compliance issues, or software limitations.
Removing multicurrency support can have significant implications on how financial data is recorded and reported. Typically, once multicurrency is enabled in an accounting system, it becomes deeply integrated with the way transactions are handled. This includes currency conversions, exchange rate tracking, and foreign currency reporting. As a result, disabling or removing multicurrency support is not always straightforward and often requires careful planning.
One of the primary reasons a business might decide to remove multicurrency functionality is if it has ceased international operations or consolidated its activities to a single currency environment. This decision simplifies accounting processes by eliminating the need to track fluctuating exchange rates and reduces the complexity of tax reporting. However, businesses must ensure that all existing foreign currency transactions are properly reconciled before multicurrency is removed. This often involves settling outstanding balances, converting open transactions into the base currency, and finalizing any exchange gains or losses.
Another consideration is the impact on historical financial data. Some accounting software does not allow multicurrency to be turned off once enabled because it affects the integrity of past records. In such cases, the business may need to create a new company file or accounting database without multicurrency features and migrate their current financial data accordingly. This process can be time-consuming and requires attention to detail to avoid data loss or inconsistencies.
It is also important to consult with accounting professionals before making any changes to multicurrency settings. They can help assess the implications for tax compliance, reporting standards, and audit requirements. Furthermore, they can assist with reconciling foreign currency transactions and ensuring that financial statements remain accurate and compliant with regulatory guidelines.
In conclusion, removing multicurrency features from accounting software is a significant step that requires thorough evaluation and preparation. While it can streamline accounting processes for businesses operating exclusively in one currency, the transition must be managed carefully to preserve data accuracy and maintain compliance. Seeking expert advice and planning the removal process diligently will help businesses navigate this change successfully.
About QuickBooks Repair Pro
QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).
For more information, visit https://quickbooksrepairpro.com/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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