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Changqiao Securities: Actively responding to regulatory guidance from both regions, steadily advancing compliance efforts
Changqiao Securities stated that recent cross-border securities business regulations are issued jointly by the Hong Kong Securities and Futures Commission and mainland regulatory authorities, applying to all overseas financial institutions.
This cleanup focuses on two types of accounts: one is investment accounts opened with suspicious or forged documents; the other is accounts with zero balance that are inactive.
Accounts opened in compliance with regulations, with genuine assets and holdings, are not included in the cleanup scope.
There is zero tolerance for fake account openings, and compliance will be strictly enforced according to requirements.
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Deep Tide TechFlow news. On May 23, citing the UK’s Financial Times, Jin 10 reported that mediators said the US and Iran are close to reaching an agreement to extend the ceasefire by 60 days. Separately, Saudi media Alhadath reported that Iran proposed keeping uranium enrichment levels below 3.6% for 10 years and suggested reducing domestic enriched uranium by more than 20%. Iran confirmed that it would commit in a memorandum of understanding not to develop nuclear weapons; it also requested that any agreement preserve limited uranium enrichment rights.
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Deep Tide TechFlow news: On May 23, according to The Information, the U.S. cryptocurrency industry is building a tighter coordination network in Washington, focusing on key legislative issues such as stablecoin regulation, the crypto market structure bill, and ETFs, to speed up the process of legitimizing regulation.
The report says that, against the backdrop of the Trump administration’s more friendly stance toward crypto and growing support from Congress, the industry is trying to seize the window period to push for crypto assets to be formally included in the mainstream U.S. financial syste
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Deep Tide TechFlow News, May 23 — The "Clarity Act" may give rise to a new market in the crypto industry: "earnings as a service." STBL Chief Business Officer Joe Vollono stated that if Section 404 of the bill is enacted, it will prohibit digital asset service providers from offering yields solely because users hold digital assets. The industry may shift from "holding to earn" to "using to earn," and promote the development of compliant revenue strategies, fund management, lending, collateral management, and other infrastructure. The report pointed out that AI could become a coordinating layer
STBL-4.03%
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Deep Tide TechFlow News, May 23, Saudi media Alhadath reports that Iran proposed opening the Strait of Hormuz in exchange for compensation from the United States. Iran demands discussions on sanctions and frozen funds before signing any agreement.
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Deep Tide TechFlow News, May 23 — The U.S. Wall Street Journal reported on the 22nd that U.S. President Trump convened a national security team meeting on that day, without making a formal decision on whether to launch a new military strike against Iran, but instead expressed willingness to give diplomatic negotiations "more time." The Wall Street Journal quoted multiple U.S. officials as saying that after briefing on relevant talks with Iran, Trump indicated he hopes to give diplomatic negotiations "more time," but if negotiations break down, he reserves the option of military strikes. (Xinhu
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Deep Tide TechFlow News, May 23, According to CoinDesk, Bitcoin briefly dropped to approximately $74,300, hitting a low since April 20, and falling about 10% from the recent high of over $82,500 on May 6. The report pointed out that US-listed spot Bitcoin ETFs have experienced a net outflow of over $2.26 billion in the past two weeks, with $1.26 billion net outflow this week alone, the largest weekly outflow since January of this year. Meanwhile, US Treasury yields and yields on developed market government bonds have risen, weakening market demand for high-risk, non-yield assets like Bitcoin.
BTC-1.59%
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Deep Tide TechFlow message: On May 23, the People’s Procuratorate of Cangshan District, Fuzhou City, recently brought a public prosecution against a case in which Bitcoin was stolen and illegal gains were obtained. The defendant, Lin, took advantage of the convenience of being entrusted to assist in cashing out Bitcoin, stole the client Wang’s Bitcoin wallet keys and related data, and transferred 4 Bitcoins, then sold them for illegal gains of about 0.9 million yuan. In the first instance, the court sentenced him to 12 years and 7 months in prison for theft and imposed a fine of 0.3 million yu
BTC-1.59%
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Deep Tide TechFlow News, May 23 — According to NADA NEWS, the Financial Services Agency of Japan announced on the 22nd the government orders, Cabinet Office ordinances, and public consultation results related to the revision of the 2025 "Fund Settlement Act." The relevant rules will take effect on June 1.
This regulatory improvement covers electronic payment methods such as stablecoins, intermediary services for crypto assets, fund transfer businesses, and cross-border collection services. Among them, the scope of underlying assets, maximum allocation ratios, and requirements to prevent princi
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Deep Tide TechFlow News, May 23 — According to Cailian Press, Tiger International issued a statement clarifying that recent remarks about "refusing to cooperate with regulators" or "hardline regulatory stance" are completely inconsistent with the facts. The company firmly clarifies that compliance is its lifeline for operations. In response to the latest regulatory requirements, the company will strictly follow the guidance of the China Securities Regulatory Commission and relevant regulatory authorities to rectify. Since 2023, the company has fully ceased opening accounts and marketing to mai
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Deep Tide TechFlow News, May 23 — Santiment released a weekly market summary stating that Bitcoin ETF has experienced net outflows on 9 out of the past 10 trading days, with the current Bitcoin price around $77,500; they interpret this phenomenon as a sign of weakening retail investor confidence. Meanwhile, market sentiment for Ethereum has fallen to its lowest level since 2023, but its non-zero address count has reached 192.92 million, more than three times the approximately 59 million for Bitcoin. Santiment also pointed out that the current ratio of bullish to bearish comments on Bitcoin has
BTC-1.59%
ETH-2.43%
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Deep Tide TechFlow News, May 23 — According to the preliminary inclusion list of the Russell 3000 Index for 2026 released by FTSE Russell, BitMine has been added to the new constituent stocks list. This list will undergo several updates, with final adjustments usually taking effect at the end of June.
BMNR-3.62%
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Uniswap governance proposal plans to extend protocol fees to BNB Chain and Polygon, and to amend the cross-chain governance pathway for Celo.
Uniswap governance proposal aims to extend the infrastructure for receiving and burning fees on BNB Chain, Polygon, and Celo: the V2 fee receiving address is set to TokenJar, and the V3 Factory owner is set to V3OpenFeeAdapter; Celo will also transfer feeToSetter and V4 PoolManager to CrossChainAccount. After fees are collected into TokenJar on each chain, they are bridged back to the Ethereum mainnet for burning.
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UNI-5.26%
BNB-1.41%
CELO-2.17%
ETH-2.43%
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Deep Tide TechFlow News, May 23 — According to ABA Banking Journal, the Federal Deposit Insurance Corporation (FDIC) proposed new regulations on May 22 to establish the "Bank Secrecy Act" and sanctions compliance standards for stablecoin issuers it supervises. Under the proposal, relevant issuers must comply with applicable anti-money laundering / counter-terrorism financing, economic sanctions, and reporting requirements, including regulations issued by FinCEN and OFAC. The rule will also establish supervision and enforcement provisions aligned with FinCEN requirements for AML / CFT projects.
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