csr

Tianfeng Securities announced that the CSRC has issued a "Notice of Case Filing," due to suspected violations of information disclosure and illegal provision of financing. According to the "Securities Law," "Administrative Penalty Law," and other laws and regulations, the CSRC has decided to file a case against Tianfeng Securities.An analyst from a non-bank institution believes that if Tianfeng Securities is ultimately subjected to administrative penalties, it will have a negative impact on the company's business operations and financing, and liquidity may face tightening. Tianfeng Securities previously disclosed that its wholly-owned subsidiary, Tianfeng International Securities and Futures Co., Ltd., has been approved by the Hong Kong Securities and Futures Commission to obtain the third type of license related to virtual assets, allowing it to provide virtual asset trading services through a comprehensive account arrangement.

ChainCatcher news, Bitget has announced the launch of its Corporate Social Responsibility (CSR) program "Blockchain4Youth". This program aims to shape the future of the crypto world by encouraging the younger generation and providing quality talent for the industry. Bitget expects to invest $10 million in this program over the next five years. Bitget will also collaborate with other leading blockchain companies to incubate innovative projects by young entrepreneurs and host the U30 (under 30) hackathon competition to select the most promising projects.The CSR program will kick off in May, featuring a series of campus lectures at top universities in Taiwan, Vietnam, Thailand, and other regions. The Bitget Academy courses will also be launched in the same month, and Bitget plans to introduce scholarships in the future to provide funding support for young blockchain enthusiasts. (source link)

ChainCatcher news, the China Securities Regulatory Commission (CSRC) issued a letter in response to Proposal No. 03009 (Finance and Taxation Financial Category No. 199) from the Fifth Session of the 13th National Committee of the Chinese People's Political Consultative Conference. It stated that according to the Central Cyberspace Affairs Commission's "Notice on Printing and Distributing the List of National Blockchain Innovation Application Pilot Projects," the People's Bank of China and the CSRC are actively cooperating with the Central Cyberspace Affairs Commission to carry out the national blockchain innovation application pilot work, respectively leading the establishment of national pilot projects in the "Blockchain + Equity Market" and "Blockchain + Trade Finance" special fields. Currently, the application pilot work is progressing in an orderly manner.In the next step, the People's Bank of China and the CSRC will strengthen organizational leadership, focus on collaborative advancement, further enhance capacity building, and effectively promote the innovative application of blockchain technology in the financial sector. (Source link)