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00:46

Hong Kong Securities and Futures Professionals Union Chairman: Virtual Asset Regulatory Approach Should Not Be Applied to Traditional Securities Industry

Gate News reported that on March 21, Hong Kong Securities and Futures Professionals Union Chairman Chen Zhihua commented on the controversy surrounding brokers' "pre-registration of designated bank accounts" for customers. He stated that although the regulatory circular proposes establishing a bank account registration mechanism with caps, the related practices may stem from inappropriately applying virtual asset regulatory concepts (such as pre-approval of wallet addresses) to the traditional securities industry.
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09:47

Cursor Composer 2 Accused of Using Kimi K2.5 Model, Moonshot AI Alleges License Violation

Developers discovered that the Composer 2 model released by Cursor has a model ID of Kimi K2.5, raising questions about whether it respected licensing agreements and paid fees. Officials from Moonshot AI stated that after testing, it was confirmed to be consistent with their Kimi tokenizer, and accused Cursor of failing to mention Kimi K2.5. Cursor has not responded to date.
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