It was late at night, and Wall Street elites had just opened. Just now, Lao Jiu was about to go to bed, and 3 important news came from the crypto market, which made people toss and turn. There was no time to talk nonsense, so he went straight to the point:
1. Trump may announce that BTC will be a strategic reserve asset
Former US President Trump will announce a breakthrough at the "BTC 2024 Conference" held in Nashville. According to industry insiders, the former president may plan to use BTC as a strategic reserve asset for the United States.
2. On the evening of July 19, Bloomberg analyst James Seyffart said that some Ethereum ETF information has been added to the Bloomberg terminal. These include ETHW from Bitwise, CETH from 21Shares, and FETH from Fidelity.
Other ETFs are likely to be added on July 22 (Monday), and trading is still scheduled to start next week.
3. There are 5 stablecoin issuers in Hong Kong, including JD.com
On July 17, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly issued a consultation summary on the legislative proposals for implementing a regulatory system for fiat stablecoin issuers in Hong Kong.
And on July 18, the list of participants in the stablecoin issuer ‘sandbox’ was announced, including: JD.com CoinChain Technology (Hong Kong) Co., Ltd.; Yuanbi Innovation Technology Co., Ltd.; and Standard Chartered Bank (Hong Kong) Limited, Anmi Group Limited, and Hong Kong Telecommunications (HKT) Limited.
