On May 22, according to OnchainLens monitoring, BlackRock transferred 1,587 BTC, valued at approximately $122.55 million, and 17,815 ETH, valued at approximately $37.79 million, to Coinbase.
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BlackRock Transfers 1,587 BTC and 17,815 ETH to Coinbase
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U.S. Stock Index Futures Rise Sharply, S&P 500 Futures Up 0.4%
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Futu and Tiger Brokers Users' Funds at Risk of Withdrawal May Reach $175 Billion
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Two Departments: Jointly Implementing a More Proactive Fiscal Policy and Moderately Loose Monetary Policy
On May 22, it was reported that the Ministry of Finance and the People's Bank of China held the fourth leadership meeting of their joint working group. The meeting fully acknowledged the achievements made this year through the collaboration between the Ministry of Finance and the People's Bank of China. In-depth discussions were held on topics such as supporting the stable operation of financial markets, improving the coordination between fiscal and financial policies, and promoting the development of the offshore RMB bond market. Moving forward, the joint working group mechanism will continue to play a role in communication and coordination, jointly implementing a more proactive fiscal policy and a moderately loose monetary policy. (Ministry of Finance) -
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China Securities Regulatory Commission Plans Severe Penalties for Tiger Brokers, Futu Securities, and Changqiao Securities
On May 22, the China Securities Regulatory Commission announced that the illegal cross-border business activities of Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited violated China's securities, fund, and futures laws and regulations, disrupting market order and must be firmly dealt with. In accordance with relevant regulations, the CSRC plans to confiscate all illegal gains of Tiger, Futu, and Changqiao's domestic and foreign entities and impose severe penalties according to the law. (Xinhua News Agency) -
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