On June 12, the Securities and Futures Commission of Hong Kong held a briefing for applicants of virtual asset trading platforms on June 12, 2024. More than 60 participants attended, including representatives and their advisors from virtual asset trading platform applicants who were considered to have obtained licenses. Dr. Ye Zhiheng, Executive Director of the Intermediary Department of the Securities and Futures Commission, and Ms. Huang Lexin, Director of the Licensing Division and Head of the FinTech Unit, outlined the competency required of these applicants and explained the licensing application process and introduced their on-site inspection procedures.

Odaily Planet Daily News According to a statement from Scarlett Johansson, a famous actress and the performer of "Black Widow", she expressed shock, anger, and disbelief when OpenAI CEO Sam Altman updated ChatGPT and used a synthetic voice named Sky that sounded "extremely similar" to her voice. Scarlett Johansson stated that due to OpenAI's actions, she has hired legal counsel, and after her legal counsel sent two letters to Sam Altman, OpenAI "reluctantly agreed" to remove Sky. "In response to this, Sam Altman stated that Sky's voice 'was never intended to be similar to hers.' 'Before contacting Ms. Johnson, we had already selected an actor to voice Sky. Out of respect for Ms. Johnson, we have temporarily suspended the use of Sky's voice in our product. We apologize for not communicating better with Ms. Johnson.'"

The Securities and Futures Commission (SFC) of Hong Kong believes that extending the existing simplified regulations for primary ETFs to active ETFs is appropriate. The SFC will also expand the categories of funds to which the simplified regulations apply, provided that these funds have appropriate safeguards in place and can bring significant benefits to the Hong Kong market. Ms. Tsoi Fung-yee, Executive Director of the Investment Products Division of the SFC, said, "Further simplifying the regulations applicable to ETFs will save costs for ETF issuers and provide flexibility, broaden investment options for investors, and ensure the maintenance of an appropriate level of investor protection. This move will also enhance Hong Kong's competitiveness in attracting overseas ETFs and consolidate its position as an excellent asset management hub."

Golden Ten Data on May 5, affected by the recent Fluctuation of international gold prices, during the May Day period, domestic gold prices were also not calm. Early in the morning of May 1, the retail price of long domestic gold stores big dump 15 yuan/gram, on May 2, the gold price of long gold stores rose pump 11 yuan/gram, on May 3, after the fall of 4 yuan/gram, on May 4, the retail price of long domestic gold stores has come to 707 yuan/gram. "I have been in the industry for 20 years, this year's May Day, is the weakest May Day holiday from the industry, three days before May Day, the lightest day only did 20,000 long yuan of business, before May Day at least 50,000 long. Ms. Wang, the manager of a gold store in Hangzhou's Wulin business district, said that the high price of gold is the reason why the business of gold shops is light during the holiday.

PANews reported on April 25 that according to the Financial Times, a Chinese woman was charged with two counts of illegal possession of Crypto Assets in the United Kingdom. Yadi Zhang is charged with acquiring, using or holding criminal property, known as Crypto Assets, in London and elsewhere in the UK from October 1, 2017 until Tuesday of this week. Yadi Zhang denied the Crown Prosecution Service's allegations and made his first appearance in Westminster Magistrates' Court on April 24. Yadi Zhang said he would not plead guilty and would not apply for bail. Her lawyer, Roger Sahota of Berkeley Square Law Firm, said: "This case should not be rushed. Ms. Zhang claimed her complete innocence". Yadi Zhang was remanded in custody by District Court Judge Sarah Turnock. The case has been referred to the Suthwark Criminal Court in London. Earlier, British police seized nearly $1.8 billion in Bitcoin from a Chinese investment fraud case in which Yadi Zhang stole about £5 billion from more than 128,000 investors and subsequently converted it into Bitcoin.

A Chinese woman has been charged with two counts of illegal possession of Crypto Assets in the UK. Yadi Zhang, also known as Zhimin Qian, is accused of acquiring, using or holding criminal property, known as Crypto Assets, in London and elsewhere in the UK from October 1, 2017 until Tuesday. Zhang Yadi denied the Crown Prosecution Service's allegations and made her first appearance in Westminster Magistrates' Court on April 24. Zhang Yadi said he would not plead guilty and would not apply for bail. Her lawyer, Roger Sahota of Berkeley Square Law Firm, said: "This case should not be rushed. Ms. Zhang claimed her complete innocence". Zhang Yadi was remanded in custody by District Court Judge Sarah Turnock. The case has been referred to the Suthwark Criminal Court in London. [Financial Times]

PANews reported on April 2 that DigiFT, the first regulated on-chain real-world asset (RWA) exchange licensed by the Monetary Authority of Singapore (MAS), announced its strategic expansion into the Hong Kong market. Landmark milestones in this strategic expansion include the appointment of Hong Kong's senior management team and successful selection into the Hong Kong Cyberport Incubation Program. DigiFT has appointed Mr. Kevin Loo as Chief Executive Officer of DigiFT (Hong Kong) and Ms. Shen Hao as Managing Director and Chief Development Officer of DigiFT. In February this year, the Hong Kong Monetary Authority (HKMA) issued a circular on the sale and distribution of tokenised products.

PANews reported on March 6 that according to BNN Breaking, digital asset risk analysis company Agio Ratings has raised $4.6 million through pre-seed and seed round financing, of which seed round investors include Superscrypt, Portage, MS&AD Ventures, and a number of angel investors from the insurance and asset management fields. Founded in May 2022, Agio provides institutions with tools to assess the risk of more than 30 major trading venues and has developed a framework to review more than 1,000 variables from on-chain and off-chain data sources. The company plans to increase the number of rated entities from 32 to more than 70 by April.

Agio Rating, a crypto risk analysis and rating company, announced the closing of two rounds of funding totaling about $4.6 million, including a $3.2 million seed round in October 2023 and a $1.35 million pre-seed round in May 2022. Its seed round was led by Superscrypt, with participation from Portage, MS&AD Ventures, and others. Agio Rating, which wants to be the "Moody's" of the crypto industry, helps market makers, brokers, and lenders in the digital asset ecosystem assess crypto counterparty risk, and has rated 32 crypto companies, with plans to expand its services to more than 70 by April. （Axios）

👀$3M of crypto stolen on Christmas Day — MS Drainer scammers fleece victims Scammers have stolen $3 million worth of cryptocurrencies in 24 hours as they continue to use Google Ads to advertise malicious fake websites that use wallet draining software. Be careful out there.

A recent report by anti-scam platform Scam Sniffer revealed that a tool called MS Wallet Drainer has managed to steal more than $58 million from Crypto Assets holders, MS Wallet Drainer, using Google and X ads to attack victims' Crypto AssetsWallet (Ethereum, BNB, and other EVM chains and rollups) to infect their devices and drain all available funds and Non-fungible Token. As of December 21, more than 63,000 victims have been affected.

PANews reported on October 30 that the deputy chief executive of the Hong Kong Monetary Authority, Li Dazhi, said today that the second phase of the e-HKD pilot program is planned to be launched in 2024, and will explore other new use cases of e-HKD, and delve into some of the trials in the first phase. At the same time, the first track work will continue to lay the legal and technical foundation for the possible issuance of e-HKD in the future. The Chief Fintech Officer of the Hong Kong Monetary Authority, Ms Winnie Chow, pointed out that the second phase will conduct in-depth research on e-HKD's programmability, tokenisation and instant settlement, and explore other new use cases including corporate, cross-border payments and blockchain interactions. Li added that more time is still needed to observe the ecological environment of the entire central bank digital currency, mentioning that the United Kingdom, Singapore, etc. need to be prepared in years. The connection between Hong Kong and the digital RMB does not need to be achieved through the issuance of e-HKD, and if it is issued, it will inevitably have a smoother connection with the e-RMB.

In a court filing Oct. 10, Judge Lewis a. Kaplan denied SBF's lawyers' request to cross-examine FTX co-founder Gary Wang about whether he relied on legal advice when agreeing to a series of loans linked to hedge fund Alameda Research. Prior to this, SBF attorneys filed a cross-examination request with Caroline Ellison, former CEO of Alameda Research, about the same arguments. The defense expects prosecutors to attempt to take evidence from Ellison, who set up the automatic deletion of some of her Signal and Slack messaging accounts at the direction of SBF. However, SBF lawyers insisted that the involvement of Alameda or FTX attorneys showed good faith and was not mens rea. SBF lawyers said: "The government has taken and will continue to take evidence on the issue of Alameda and FTX's use of the automatic deletion policy, and we implore the court to allow the defence to give the above evidence in cross-examination of Ms. Ellison." ” Judge Kaplan argued that the issue was no longer relevant and that too much time had passed to question Gary Wang. For the same reason, he is likely to deny a request by SBF's attorney to cross-examine Caroline Ellison. （CoinGape） Previously, during SBF's trial, its defense team plans to question Caroline Ellison about her reliance on legal counsel during her tenure as CEO of Alameda Research and FTX's valuation of Anthropic AI's equity. In addition, lawyers want to ask whether Gary Wang relied on legal advice when agreeing to a series of loans linked to hedge fund Alameda Research. SBF argued that the lawyer's involvement showed he was not aware that the corporate loan was improper and asked Judge Lewis Kaplan for permission to speak to Gary Wang about the issue.

Golden Finance reported that a British committee composed of members from different political parties hopes that the country's government will cooperate with the NFT market to solve copyright infringement issues and introduce a code of conduct to better protect creators, according to a report released on Wednesday. The organization began investigating NFTs in November. Ms Caroline Dinage MP, chair of the Culture, Media and Sport Committee, said artists were at risk of seeing the results of their hard work being fabricated and promoted without permission, in a fraudulent and misleading way Sexual advertising adds an extra layer of danger for investors involved in an already risky industry.

According to news from PANews on September 7, at the 2023 INCLUSIfON·The Bund Conference, Ms. Razon Al Mubarak, President of the International Union for Conservation of Nature, said in a speech that financial technology can not only help fill the funding gap, but also contribute to our efforts to mitigate and adapt to climate change. Change and efforts to reverse biodiversity loss are crucial. He said: "The use of blockchain technology can promote the transparency and security of the carbon emission and biodiversity credit trading market, as well as the traceability of sustainable products."

Recently, a Ms. Ann, who suffered from a stroke due to unknown reasons and eventually led to severe paralysis, regained a new "voice" with the help of AI brain-computer interface. The experiment was led by Chinese scientist Professor Edward Chang. The team trained an AI model that can convert neural signals into speech information by combining the captured neural signals with the text and lip movements given by Ann. This achievement simulates the expression of the operator while outputting the sound, making the communication more natural.

According to 36 Krypton’s report on August 10, Xin Xiangrong released an AI large model training and reasoning integrated computing system based on AMD, Lingxi and other heterogeneous chips. Cocopie, base flow technology and other AMD Chinese partners. The first batch of prototypes will be put on the Halo cloud computing platform in the near future to provide testing and services for 20+ vertical field model customers. At the same time, Xinxiangrong has completed an angel round of financing of 100 million yuan, and Ms. Ma Yiming, the co-founder of Sober Heterogeneity, will serve as CEO.

Odaily Planet Daily News "Fortune" today released an exclusive interview with Cathie Wood, CEO of ARK Invest. When answering "Whether BlackRock has an advantage (compared to ARK Invest) in Bitcoin spot ETF", Ms. Wood replied: "We don't think so. We know that there is a supervision sharing clause in their application materials, and we No, but as far as I know, we don't spend too much time revising applications, and applications from all institutions are moving in this direction." Note from Odaily Planet Daily: This interview with Fortune was completed last week, but it was only released today for the first time. Shortly after the interview was completed, ARK Invest had amended its application profile to add a BlackRock-like oversight sharing agreement.

Jinse Finance reported that from June 27 to 29, 2023, Chairman Zhao Xuejun of Harvest Fund led a delegation to visit the Financial Services and the Treasury Bureau of the Hong Kong Special Administrative Region Government, the Hong Kong Monetary Authority, and the Securities and Futures Commission. Mr. Xu Zhengyu, Director of the Bureau, Mr. Yu Weiwen, President of the Hong Kong Monetary Authority, and Ms. Leung Fung-yee, Chief Executive Officer of the Hong Kong Securities Regulatory Commission, exchanged views on asset and wealth management, digital finance, and green and sustainable finance.

According to PANews news on June 20, according to the People's Court, Beijing Chaoyang Court enforced the first digital RMB account involved. Han borrowed money from Ms. Cheng four times for business, totaling 2 million yuan, but was unable to repay it on schedule due to investment failure. Ms. Cheng sued Han to the People's Court of Chaoyang District, Beijing, and the case was closed through mediation. Because Han was unable to repay the loan, Ms. Cheng applied to the court for compulsory execution. After the case was accepted, the court issued an enforcement notice and a property report order to Han, and seized thousands of Han's cultural and crafts according to law. The executive judge Zhang Fan learned from the communication with Han that Han has opened a digital RMB account, and there is still a balance in the account. Since digital renminbi cannot be directly inquired and deducted at present, the executive judge invited both parties to the court. Ms. Cheng opened a digital renminbi account on the spot, and Han transferred the account balance of 2,000 yuan to Ms. Cheng's digital renminbi account.