Hong Kong Securities Supervision Commission Chief Executive Officer Leung Fung-yee said at the Wealth Management Summit that after the cross-border wealth management link and ETF link further expand the sales network of Hong Kong funds in the mainland, measures to further relax the mutual recognition arrangement between the mainland and Hong Kong funds may be further relaxed before the end of the year. She also stressed that the regulation of virtual assets is to regulate products rather than te...
According to China Fund News, Liu Tingyu, a fund manager of Yongying China Securities Shanghai, Shenzhen and Hong Kong Gold Industry ETF, analyzed that after the results of the US election were realized and the "Trump trade" expected from September to October was realized, some long funds took profits, which triggered the adjustment of gold prices. Virtual currencies and gold have a certain substitution for sovereign currencies. The recent strong rise in bitcoin has attracted some funds to flow ...
According to a report in Hong Kong 01, Liang Fengyi, chief executive of the Hong Kong Securities Supervision Commission, said in an interview that it will take at least next year to promote the development of the regulatory system of virtual asset trading platforms, support the tokenization of traditional products, and use blockchain and Web3 basic technologies to complete the entire framework. For virtual asset trading platforms (VATP), Liang Fengyi said that the Securities Supervision Commissi...
Hong Kong Securities Supervision Commission Chief Executive Officer Liang Fengyi said in the latest interview that 11 platforms are considered to be licensed applicants have now undergone the first stage of on-site review, and put forward requirements for these applicants to rectify, with the goal of new progress before the end of the year, including sub-wholesale licensing, applicants who do not meet the requirements will lose the license qualification, and applicants who meet the requirements ...
On September 3, Israeli Prime Minister Benjamin Netanyahu rejected calls for him to soften his stance on Monday, refusing to accept the withdrawal of troops from the southern border area of Gaza as a condition of a ceasefire agreement. The so-called Philadelphia Corridor is located on the southern edge of the Gaza Strip and borders Egypt. The issue has been a major sticking point in efforts to reach a ceasefire agreement and return Israeli hostages held by Hamas. Hamas rejects any Israeli presen...
The People's Court of Xingyi City, Guizhou Province has publicly heard a case of the crime of organizing and leading pyramid schemes. Defendant Qin Moumou used virtual currency "mining" as a guise to lure more than 70 people to participate in pyramid schemes, involving tens of millions of yuan in funds. It is reported that the company launched a short-term rental computing power custody business, claiming to lease "computing power" to customers to lure participants with high investment returns t...
Péter Szilágyi, head of the Ethereum core development team, recently issued a warning on social media that the upcoming PeerDAS upgrade could seriously threaten the decentralization of Ethereum. Szilágyi pointed out that PeerDAS plans to increase the blob size to 32MB, which will result in extremely high internet bandwidth requirements for block production, possibly 2.5Gbit/s. He said: "This is actually killing the family pledger...
The head of the Ethereum team, Péter Szilágyi, expressed his concerns about the direction of Ethereum's development on social media. Szilágyi's point concerns the Ethereum PeerDAS proposal, which, among other changes, would increase the size of the Ethereum blob to 32 MB. Szilágyi believes that the PeerDAS upgrade will discourage family staking holders (usually those with simpler hash settings) from holding stakes.
On July 23rd, according to the East Network, the reverse product FI Southern Bitcoin issued by Southern Dongying has been listed on the Hong Kong Stock Exchange, becoming the first reverse-operated cryptocurrency ETF in Asia. It is reported that the product is based on futures. The simulated investment strategy directly invests in the recently expired monthly bitcoin futures traded on the Chicago Mercantile Exchange (referred to as CME). The listing price of each unit is about 7.8 Hong Kong doll...
According to Spot On Chain, Maji's eldest brother Huang Licheng exchanged 1491 ETH ($4.65 million) for 198.4 million BLAST at about $0.023. As a major depositor, he transferred 8121 ETH and 5.62 million USDC into BLAST and received 2 million BLAST airdrops ($55,400). He is now the largest retail holder of BLAST.