BTC $64,282.59 +1.21%
ETH $1,898.27 -0.03%
BNB $603.96 -0.23%
XRP $0.9976 -0.53%
SOL $75.86 +0.59%
TRX $0.3316 -0.27%
DOGE $0.0699 -0.42%
ADA $0.1736 -1.90%
BCH $203.57 -0.78%
LINK $9.47 +0.28%
HYPE $59.54 +1.10%
AAVE $88.82 +3.04%
SUI $0.6478 -4.25%
XLM $0.1550 -2.15%
ZEC $509.66 +1.83%
BTC $64,282.59 +1.21%
ETH $1,898.27 -0.03%
BNB $603.96 -0.23%
XRP $0.9976 -0.53%
SOL $75.86 +0.59%
TRX $0.3316 -0.27%
DOGE $0.0699 -0.42%
ADA $0.1736 -1.90%
BCH $203.57 -0.78%
LINK $9.47 +0.28%
HYPE $59.54 +1.10%
AAVE $88.82 +3.04%
SUI $0.6478 -4.25%
XLM $0.1550 -2.15%
ZEC $509.66 +1.83%

x

All
Article
Flash

HSBC requires some existing investment clients in the mainland to submit a source of funds declaration; failure to submit in a timely manner may result in service termination

According to the Daily Economic News, following the requirement to confirm that the source of funds for new account openings comes from legal overseas channels, some banks in Hong Kong have begun to initiate a source of funds declaration process for certain existing mainland investment clients. HSBC Hong Kong has recently started notifying some existing mainland investment clients, requiring them to submit the "Declaration for Opening/Maintaining Accounts" through the HSBC Hong Kong App by September 12 and to update their contact information.The declaration includes confirming that the funds for investment activities come from legal sources outside mainland China, and that the bank may disclose personal information at the request of law enforcement or regulatory agencies. The notice also mentioned that if the declaration is not submitted by August 20, investment-related services may be suspended; if it is still not submitted by September 12, investment-related services may be terminated.An HSBC spokesperson responded that they will follow relevant regulatory requirements when managing investment client relationships, thus inviting relevant mainland Chinese investors to provide self-declarations and confirm that the information provided in their "Know Your Customer" and "Customer Due Diligence" processes is current and valid, which helps to continuously provide uninterrupted services to clients. HSBC emphasized that this latest declaration requirement applies only to investment service clients.

first_img Airwallex founder: Stablecoins will develop within the regulatory frameworks of various countries

Cross-border payment company Airwallex co-founder and CEO Jack Zhang stated that stablecoins are becoming an important channel for global capital flow, but sovereign financial systems still determine how to incorporate them, rather than the other way around. As the adoption of stablecoins grows, this trend will intensify. The Central Bank of Brazil has included virtual asset services in its foreign exchange and international capital regulatory framework, Vietnam is working on building a regulated crypto market while banning crypto assets as a means of payment, and the Philippines has indefinitely extended the suspension of virtual asset service provider licenses, all indicating that the adoption of stablecoins will occur within the regulatory frameworks of various countries.He noted that technology is making business more globalized, while financial sovereignty is becoming more localized, and governments will continue to set their own rules for currency, data, identity, and payments. The most enduring stablecoin infrastructure needs to connect sovereign financial systems, provide deep liquidity, and offer reliable conversion between stablecoins and fiat currencies for businesses. Airwallex, with a focus on corporate accounts, has obtained a central bank payment institution license in Brazil and acquired MexPago, the holder of the IFPE license in Mexico, to access the local financial systems of major economies in Latin America. It bets that AI and stablecoins will drive more global business, making regulated local connections more valuable.

first_img 10x Research: Bitcoin's $63,000 as the boundary between the bottom and the crash

The research institution 10x Research published that Bitcoin's current price of about $63,000 is a critical level that will determine whether market sentiment trends towards a bottom or a collapse. Bitcoin had been fluctuating narrowly around $60,000 for six months before the 2024 U.S. election, and this level also served as the top construction area of the 2021 cycle. After Trump's victory confirmation, Bitcoin quickly rose from $70,000 to $90,000, briefly falling below $90,000 during the tariff impact in April 2025, but due to most holders still being in profit, the trading during this pullback was light.10x Research stated that due to the very low turnover in the $70,000 to $90,000 range, it warned in November 2025 that if it fell below $93,000, Bitcoin could experience a sharp decline, as there was almost no supply to slow the decline from that range down to around $65,000, and the subsequent downward trend confirmed this judgment. Currently, Bitcoin is once again consolidating in the $60,000 area for about six months, but during this period, the actual distribution of turnover chips has significantly changed, which has a substantial impact on the next movement of this position. The institution will further elaborate on the importance of this level, the role of exchange balances, and the timing of leveraged traders possibly returning to the market.

Strive's Bitcoin reserves reached 20,246 coins, and Canaan Technology produced 46 BTC in July with a hash rate exceeding 14 EH/s

According to BBX data, yesterday and in recent days, global publicly listed companies in the U.S. stock market disclosed the latest official real data on increasing cryptocurrency asset reserves, treasury structure, and mining production operations. The core updates are as follows:Strive (NASDAQ: $ASST) increased its holdings by 79 bitcoins, with total holdings exceeding 20,200: According to the 8-K document submitted by Strive to the U.S. SEC, the company purchased 79 bitcoins at an average price of approximately $63,231 between August 10 and 14, 2026. As of August 14, Strive's total bitcoin holdings reached 20,246. Additionally, the company's balance sheet holds 505,000 shares of Strategy STRC preferred stock (fair value approximately $47.86 million) and about $154.8 million in cash, ensuring ample liquidity.BitMine increased its holdings by nearly 10,000 ETH last week, with total holdings reaching 5.815 million: Bitmine Immersion Technologies (NYSE: $BMNR) disclosed that it increased its holdings by 9,926 Ethereum last week. As of August 16, 2026, its total Ethereum holdings rose to 5,815,164 ETH, accounting for approximately 4.8% of the total circulating supply of Ethereum across the network.Canaan Inc. (NASDAQ: $CAN) released July mining data, with nearly 2,000 BTC in reserves: Mining machine manufacturer and computing power operator Canaan Inc. announced its unaudited operational data for July. In July, the company self-mined 46 BTC; by the end of the month, its balance sheet held a total of 1,917 BTC and 3,952 ETH. In terms of operational metrics, the company's global operating hash rate reached 14.24 EH/s (installed hash rate 14.89 EH/s), with an average energy efficiency of 17.9 J/TH for non-joint venture mines in North America, and the comprehensive electricity cost for the month was approximately $0.043 per kilowatt-hour.
app_icon
ChainCatcher Building the Web3 world with innovations.