account

According to First Financial News, recently Futu and ChangQiao have both started to clean up accounts that opened with false documentation, as well as empty accounts with no assets or positions, processing the closure of these two types of accounts.At the same time, the Futu NiuNiu APP has added a new quick access entry for "Update Identity Information" in the "Account" section, along with a document titled "Instructions for Updating Identity Information," reminding customers that if they hold valid foreign identity proof, the completion of the information update will not affect any account transactions, fund deposits, or withdrawals, and other business functions.

According to monitoring by BitcoinTreasuries.NET, Strive's preferred stock SATA reached a record high daily Bitcoin accumulation yesterday, totaling 402 bitcoins, which accounts for 51% of its total Bitcoin accumulation over the previous week, marking the largest single-day accumulation since its IPO.

According to a report by the Financial Associated Press, in response to the issue of "some banks in the Hong Kong region requiring a declaration to open investment accounts," the Hong Kong Monetary Authority (HKMA) responded today that the relevant regulatory requirements were issued to all recognized institutions on May 22.Materials provided by the HKMA indicate that registered institutions must take three additional measures when opening and managing investment accounts for mainland investors, including:Closing investment accounts opened using suspicious or forged documents, identifying customer investment accounts that have used suspicious or forged documents since January 2023 or during any other period specified by the HKMA; relevant documents include identification documents.Closing investment accounts with zero balance that have been inactive, specifically referring to investment accounts held by mainland investors that have had no asset balance as of May 22, 2026 (reference date), and have had no activity initiated by the customer in the 12 months prior to the reference date.When opening new investment accounts, obtaining a written declaration from the mainland investor confirming that all funds used to support investment activities and related settlements come from legal sources outside mainland China.Relevant documents show that the newly added additional regulatory measures apply only to investment accounts, including investment accounts within comprehensive bank accounts; non-investment functions (such as regular savings, time deposits, payments, loans, and credit cards) are not within the scope of these measures. Additionally, the applicable subjects of these additional measures are individual customers and do not apply to corporate or institutional clients.

Strive's subsidiary SATA increased its holdings by 402 BTC in a single day yesterday, setting a new historical high. This amount accounts for 51% of its total BTC increase in the previous week and is the largest single-day increase since its IPO.

Due to Micron Technology (MU) HBM capacity being fully sold out until the end of the year and the stock price surpassing a trillion-dollar market value, the trading activity of derivatives for this stock has significantly increased. According to CoinGlass data, the total open interest across the network is currently reported at $304 million, with a 24-hour open interest growth of 52.69%.Among the relevant trading platforms, the open interest for MU contracts is mainly concentrated on tradeXYZ, Binance, OKX, and Bitget. The open interest on these four platforms is $168 million, $76.73 million, $25.25 million, and $15.01 million respectively, collectively accounting for approximately 93.64% of the market share, forming the core liquidity tier in this sector.

According to Cointelegraph, the current amount of staked Ethereum has reached a historic high of 39.2 million coins, accounting for 32.19% of the total supply, with an additional 3.3 million coins waiting to enter the staking queue.

According to BBX data, yesterday (May 26), the largest publicly traded company holding Ethereum announced the latest SEC filing, with Strive's weekly increase of 1,109 coins maintaining a steady pace, and the SATA financing flywheel continuing to operate. The core dynamics are as follows:Bitmine Immersion Technologies, Inc. (NYSE: $BMNR) submitted Form 8-K to the SEC on May 26, disclosing that as of that date, the company's ETH holdings reached 5.39 million coins (accounting for 4.47% of the total ETH circulation, with a target of 5%, currently completed 89%), with a total of approximately $12.3 billion in combined crypto assets, cash, and strategic equity investments; among which 4,712,917 ETH has been staked (valued at approximately $10.1 billion at $2,134 per coin), with a 7-day staking annualized yield of 2.75%, and an estimated annualized income of approximately $276 million based on full staking; the company's self-operated validation node platform MAVAN has also opened staking services to external institutions. Chairman Tom Lee pointed out in a statement that if the ETH closing price in May is above $2,100, it will be the first time there has been a positive monthly close for three consecutive months, "which has never happened in a crypto bear market." The average daily trading volume of $BMNR over the past 5 days is approximately $572 million, making it the 193rd most actively traded stock in the U.S.Strive, Inc. (NASDAQ: ASST) disclosed in its 8-K on May 26 the asset changes from May 18-22: BTC holdings increased from 15,391 coins to 16,500 coins (a net increase of 1,109 coins), cash increased from $87.3M to $93.3M (+$6M), and STRC holdings increased from $49.8M to $50.1M; during the same period, Class A common stock increased by approximately 2.23 million shares (conversion of SATA preferred stock), and the total amount of SATA preferred stock increased by approximately 515,000 shares. Strive uses the issuance of SATA preferred stock as its main financing tool, continuing the systematic accumulation of BTC; the BTC yield from 2026 to date is approximately 18.4% (as of May 19).

The Monetary Authority of Singapore is collaborating with private banks to adopt a "risk-based" approach to shorten the account opening time. The head of the Monetary Authority of Singapore stated that the authority aims to reduce the account opening time to within one month, while the current median account opening time for complex cases is about six weeks or longer.He stated that this move is intended to ensure that banks maintain high standards while avoiding unnecessary and excessive scrutiny of the sources of clients' wealth.

According to on-chain analyst Yu Jin's monitoring, 7 hours ago, two wallet addresses withdrew 111 million SAHARA (3.81 million USD) from Binance and Bitget, accounting for 3.4% of the circulating supply of SAHARA. It is reported that the project just announced the launch of SAHARA staking three days ago.

According to data from Artemis, the USDC holdings on the Coinbase platform have surged to a historic high of $19 billion, accounting for 25.3% of the total USDC supply. Compared to less than 5% at the beginning of 2023, this share has achieved remarkable growth over three years. As the platform can earn interest income from USDC reserves, the continuous expansion of holdings will further enhance Coinbase's revenue-generating capacity in its financial reports.

According to a report by 21st Century Business Herald, Futu Holdings' US stock pre-market once fell over 40%. In terms of news, the China Securities Regulatory Commission plans to decide to confiscate all illegal gains of Tiger, Futu, and Changqiao's domestic and foreign related entities, and impose severe penalties according to the law.In response, the company's customer service staff stated that the company has been paying attention to relevant regulatory developments and is carefully studying the related content. Once the information is complete, the company will respond uniformly. Currently, the company's business operations are normal, and customers' account assets and various services are not affected.

The Hong Kong Securities and Futures Commission (SFC) issued a circular outlining the monitoring measures that should be implemented when opening accounts and maintaining client relationships. This circular was issued after the SFC reviewed the account opening practices of 12 securities brokerage firms.The review identified several significant deficiencies, including insufficient due diligence on account opening documents, acceptance of suspicious or forged documents during the account opening process, and weaknesses in managing cross-border agency relationships with overseas intermediaries. The SFC expressed deep concern about the potential misuse of client accounts for suspicious or illegal transactions, which could exacerbate the risks of money laundering and terrorist financing.The SFC requires all licensed corporations to conduct internal checks as soon as practicable to detect whether any suspicious or forged documents have been accepted for account opening. The SFC also outlined additional measures for licensed corporations when opening and managing accounts for mainland investors.These additional measures include closing investment accounts opened with suspicious or forged documents, closing zero-balance dormant investment accounts, and requiring a written declaration from investors when opening new investment accounts, stipulating that settlements and fund withdrawals can only be conducted through bank accounts held in the investor's own name at qualified banks.

According to the latest report from BlockBeats, as the demand for trading traditional financial assets increases among crypto users, Gate is accelerating the evolution of its crypto trading platform into a multi-asset comprehensive financial platform through the "Unified Account" system. Users can trade and allocate five major types of assets within the Gate App, including CFD contracts, perpetual contracts, spot tokens, Pre-IPOs, and crypto assets, further reducing the barriers to cross-platform capital allocation and trading.The report points out that Gate has currently built a unified margin system around TradFi and on-chain assets. Users can conduct cross-product trading through a single USDT account, enhancing capital efficiency. As of May 2026, Gate has launched over 440 CFD targets, covering asset classes such as foreign exchange, metals, global stock indices, popular stocks, and commodities, while maintaining a high frequency of new listings. Additionally, Gate has partnered with platforms like Ondo and xStocks to launch over 75 tokenized stock targets, supporting 24-hour trading of on-chain metal assets such as gold and silver, continuously expanding its layout in the tokenized stock and RWA market.Furthermore, Gate recently launched the SpaceX Pre-IPO project SPCX, with applications for purchasing shares exceeding $353 million within 24 hours, reflecting the rapidly growing market demand for on-chain Pre-IPO asset allocation. In the future, Gate will continue to promote the layout of the next-generation comprehensive financial platform around the unified account, on-chain infrastructure, and global liquidity network.

According to crypto analyst Yu Jin @EmberCN, about 7 hours ago, a batch of addresses suspected to belong to Polychain unlocked and redeemed 122 million EIGEN from the EigenCloud (formerly EigenLayer) staking contract, worth approximately 23.88 million USD, accounting for 16.5% of the current circulating supply of EIGEN.Currently, the related EIGEN remains in the addresses and has not been further transferred. Yu Jin stated that this batch of tokens comes from the investment allocation for 2024, and Polychain was one of the early leading investors in EigenCloud.

According to Whale Alert monitoring, approximately 667 BTC (about $51.556 million) were transferred out of Coinbase Institutional and into an unknown wallet.

According to Caixin, the "Global Payments Report 2026" released by global payment technology and software company Global Payments indicates that digital wallets account for more than half of global online transaction volume and one-third of offline transactions. Digital wallets can flexibly integrate different payment methods, including cryptocurrencies. The report predicts that direct cryptocurrency payments will become the fastest-growing online payment method, with a compound annual growth rate of 16% from 2025 to 2030. This means that by 2030, the volume of e-commerce transactions using direct cryptocurrency payments could account for 0.28% of global e-commerce transaction volume, nearly $31 billion.However, despite the global total market value of cryptocurrencies nearing $3.2 trillion by the end of 2025, it remains a relatively marginalized payment method for consumers to merchants. Reports from MRC and Visa show that only 10% of merchants globally accept cryptocurrency payments directly. In 2025, cryptocurrencies will account for only 0.19% of global e-commerce transaction volume, approximately $15 billion.

Crypto journalist Eleanor Terrett revealed that the Federal Reserve has issued a notice for public comment and proposed rulemaking regarding payment accounts (i.e., "streamlined master accounts"), allowing eligible fintech and crypto companies to access the Federal Reserve's payment system for clearing and settlement. This is the next formal action following the end of the public comment period in February and the implementation process of payment accounts by Federal Reserve Governor Christopher Waller.The Federal Reserve also encourages regional Federal Reserve Banks to suspend processing new "Tier 3" master account access requests (most crypto companies fall into this category) until December 2026 to enhance system consistency while finalizing the framework.

On Tuesday, Trump signed an executive order titled "Incorporating Financial Technology Innovation into the Regulatory Framework," directing the Federal Reserve to assess proposals that would allow fintech companies and cryptocurrency firms direct access to the Federal Reserve's payment systems.The order urges the federal government to eliminate overly burdensome policies on financial technology innovation and requires the Federal Reserve to conduct a comprehensive assessment of the regulatory framework for non-bank companies' access to reserve bank payment accounts and services. Additionally, the order instructs the Federal Reserve to clarify whether the 12 Federal Reserve Banks have the legal authority to independently grant or deny access to payment accounts and services, and it requires the Federal Reserve to submit a report to the President within 120 days.