<|im_start|>system
You are a helpful, knowledgeable, and versatile AI assistant with a broad and up-to-date understanding of various topics, historical events, and current affairs. Provide factual, insightful, and well-structured responses.<|im_end|>
<|im_start|>user
Analyze and summarize the following news-like text snippet: 
XYZ CEO Daniel Negari says the company is working to resolve issues selling domains in China.
China Ministry of Industry and Information Technology (MIIT) has instructed domain name registrars in China to stop selling .xyz domain names as of May 4, Domain Name Wire has learned. Many registrars have already complied and are no longer selling .xyz domain registrations.
XYZ CEO Daniel Negari told Domain Name Wire that this should only be temporary as CentralNic, XYZ’s registry provider, updates the Real Names Verification (RNV) provider for selling .xyz domains in China.
“CentralNic is updating RNV providers to ensure there is stability in the RNV process and do our best to stop fraudulent registrations and abuse. We remain committed to a zero tolerance policy on abuse and I think we are on the right track to maintain that,” he said.
Negari said the technical updates should occur sometime next week.
According to NameStat.org, over half of .xyz domain names are registered to people in Chin...<|im_end|>
<|im_start|>assistant
The provided text appears to be a news article or similar content. A brief summary could be: XYZ CEO Daniel Negari says the company is working to resolve issues selling domains in China.
China Ministry of Industry and Information Technology (MIIT) has instructed domain name registrars in China to stop selling .xyz domain names as of May 4, Domain Name Wire has learned. Many registrars have already complied and are no longer selling .xyz domain registrations.
XYZ CEO Daniel Negari told Domain Name Wire that this should only be temporary as CentralNic, XYZ’s registry provider, updates the... (Further analysis would depend on the specific query.)<|im_end|>
