03:02 2025-06-20
Bitwise CEO: Bitcoin's competitors will eventually be U.S. Treasuries and other government bondsHunter Horsley, chief executive of Bitwise, wrote on the X platform: "I don't think bitcoin's competitor will end up being gold. Both [bitcoin and gold] are apolitical stores of value. Gold is less volatile and bitcoin is more volatile. Investors looking for apolitical stores of value will like both. Instead, I think bitcoin's competitor will end up being US Treasuries and other government bonds (such as UK gilts): these are the ultimate political stores of value."
02:55 2025-06-20
Bitwise CEO: "Regulatory uncertainty" is no longer the biggest obstacle for bitcoin investorsBitwise CEO Hunter Horsley wrote on the X platform that in the past, "regulatory uncertainty" was the biggest obstacle for investors in Bitcoin, and the situation is completely different in 2025. This is a huge change, but the impact on the market has not been fully realized for the time being.
In addition, there are currently two issues with bitcoin investment:
The first is that most investors and asset allocators are very busy due to the plethora of opportunities (including other assets that c...
02:45 2025-06-20
Jump Crypto: Never stop building, will work on building crypto infrastructureOn June 20th, Jump Crypto posted that in the blink of an eye, several years have passed. Over the past few years, Jump Crypto has kept a low profile but never stopped building, and now it is re-revealing itself to the world. The Jump Crypto team will be working with enthusiasm to build the next frontier of crypto infrastructure. While most people still see Jump Crypto as one of the largest trading players, Jump Crypto will see itself as a serious builder.
02:26 2025-06-20
Xu Zhengyu: Hong Kong regulations do not rule out the possibility of a stablecoin pegged to the RMBAsked whether a stablecoin could be pegged to the renminbi, Xu Zhengyu, Hong Kong's secretary for financial services and the treasury, who was attending the Lujiazui Forum in Shanghai, pointed out that from the perspective of Hong Kong regulations, this possibility is not ruled out. It is legally allowed to use different fiat currencies as the underlying benchmark of stablecoins, but pegging to the renminbi must take into account the country's exchange rate and monetary policy, and the risks and...
02:07 2025-06-20
Economic Observer: CNH stablecoin refers to the pilot experience of RMB business or will be advanced in three stagesThe Economic Observer published an article "How the Hong Kong Experiment of Offshore RMB Stablecoin Broke", which pointed out that the Hong Kong Stablecoin Ordinance is scheduled to be implemented in August or indicates that the experiment of offshore RMB (CNH) stablecoin is approaching. Referring to the experience of RMB business pilot in 2003, the implementation of CNH stablecoin can be advanced in three stages:
First, the sandbox experiment (2025-2026): a pilot issue of CNH stablecoins by Chi...