Top Highlights

• The global acceptance of Bitcoin is constantly increasing, and Bitcoin is seen by the public as 'digital gold' in the context of its technology,
• he’d push for the federal government to buy Bitcoin until the nation’s BTC holdings matched its gold reserves.
• Ng, a self-proclaimed Web3 advocate, serves as chair of the Hong Kong Legislative Committee’s Web3 and Virtual Assets Development Subcommittee. In his tweet Sunday, he added that the region “must accelerate the development of the Web3 ecosystem,” by attracting “globally competitive talent and capital, public chains and exchanges, enterprises and pr...
• Earlier this month, Hong Kong’s Monetary Authority proposed a comprehensive regulatory framework for fiat-referenced stablecoin (FRS) issuers, following a proposal in February by the General Chamber of Commerce for the issuance of a stablecoin backed by the Chinese yuan in the region.
• Donald Trump’s speech to the Bitcoin Conference over the weekend, in which the former President vowed to build a “strategic Bitcoin stockpile” for the United States if elected.

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