Crypto News

Hong Kong Lawmaker Advocates for Bitcoin Inclusion in Strategic Fiscal Reserves

Hong Kong legislator Wu Jiezhuang has proposed an initiative to consider the inclusion of Bitcoin in the region’s strategic fiscal reserves. This move, aimed at enhancing Hong Kong’s economic framework and accelerating Web3 development, underscores the growing global recognition of Bitcoin as ‘digital gold’. Wu’s proposal, which comes in response to Donald Trump’s speech atSource link

Cynthia Lummis’ Home State of Wyoming to Launch Bitcoin Research Institute

The institute will focus on producing "high-quality” studies on Bitcoin, aiming to close knowledge gaps stemming from misguided research.Source link

Coinbase to Provide Custody for Australian Bitcoin ETF BTXX

Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently approved Bitcoin exchange-traded fund (BTXX) in Australia. This partnership will offer qualified Australian investors access to bitcoin and other digital assets via a traditional fund structure through Coinbase Prime, a comprehensive prime brokerage platform. This selection followsSource link

The Clock Has Ticked for Bitcoin’s Price Surge 100 Days After the Halving

July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.Source link

Compound Finance Proposal Passes Sparking Concerns Over ‘Governance Attack’

The move, though legal within Compound Finance's DAO rules, was called out by community members and experts following its passage on Sunday.Source link