Johnny Ng, a member of the Hong Kong Legislative Council, has announced plans to explore the potential of incorporating Bitcoin into Hong Kong's financial reserves. This initiative aims to evaluate the feasibility and benefits of Bitcoin as a strategic asset.
Ng emphasized Bitcoin's growing global recognition as "digital gold," valued for its potential as a hedge against inflation. He suggests that integrating Bitcoin into Hong Kong's fiscal reserves could strengthen the region's economic framework under appropriate regulatory conditions.
Johnny Ng's proposal to explore the inclusion of Bitcoin in Hong Kong's financial reserves represents a forward-thinking approach to integrating digital assets into traditional financial systems.
By advocating for thorough research and regulatory compliance, Ng aims to position Hong Kong as a leader in digital finance and Web3 technologies.
This initiative aligns with global trends and underscores the strategic importance of innovation in the evolving landscape of digital finance.
The small Italian town of Fornelli is unveiling Italy’s first Satoshi Nakamoto monument on 1 May 2025, funded by the local government. The village, known for its high Bitcoin adoption, is positioning itself as a crypto-friendly destination.
WeatherlySam Altman, CEO of OpenAI, has praised Bitcoin as a global currency beyond government control. He called it a smart and important step towards changing how the world handles money.
AnaisGoMining's Miner Wars gamifies Bitcoin mining by letting players use digital miner NFTs to earn Bitcoin rewards through its extensive mining infrastructure. The game has attracted over 245,000 active users and introduced features like clan leagues and welcome packs to boost engagement.
AnaisBitcoin jumped to $92,000 as U.S. trade tensions eased and stocks rebounded, showing renewed investor optimism. However, futures and options markets remain cautious, signaling traders are not fully convinced it will break past $95,000 yet.
Jason RiggsHackers stole 500,000 ETH (about $1.4 billion) from Bybit using malware and laundered most of it through mixers, bridges, and decentralised platforms. Nearly 70% of the funds are still traceable, but a third has disappeared, with few signs of recovery so far.
AnaisFamily offices are investing more in Ethereum than Bitcoin through crypto ETPs, showing stronger interest in Ethereum among smaller investors. Larger institutions still dominate Bitcoin ETPs, but Ethereum is attracting a broader and more diverse range of players.
WeatherlyGary Gensler criticised Trump’s tariffs as harmful to the U.S. economy and warned that trade tensions with China could worsen. He also said most cryptocurrencies, except Bitcoin, are risky and based on hype, not real value.
AnaisChina has seized large amounts of crypto from criminal cases and is using private firms to quietly sell them, despite its trading ban. Officials are now debating if the country should create formal rules—or even build a national reserve—to manage these assets.
AnaisThe US is looking at using tariff funds and gold revaluation to buy Bitcoin without raising taxes or debt. Plans include building a long-term Bitcoin reserve, while criticism grows over Trump’s personal crypto ties.
WeatherlySenator Elizabeth Warren has led a team of six senators to repeal Trump's decision to dissolve the National Cryptocurrency Enforcement Team (NCET).
XingChiIlluvium's upcoming debut on the Epic Games Store represents a pivotal moment in blockchain gaming, potentially bridging the gap between blockchain and mainstream gaming.
JasperSEBA received its in-principle approval in August, and has now received the full licence.
ClementIn a move to elevate the AI capabilities of Bing and fortify its standing in the competitive landscape of AI, Microsoft has forged a pivotal partnership with Oracle.
CatherineUAE's commitment to fortify regulations for virtual asset service providers and safeguard its financial system from illicit activities.
Hui XinThe new wallet is designed to function across 30 blockchain networks
ClementAlready, significant contributors to this fund include Sumitomo Mitsui Banking Corporation, Mizuho Bank, Nippon Life Insurance, and the Daiwa Securities Group, committing a total investment exceeding 50 billion yen.
BrianRockstar Games, under the leadership of President Sam Houser, plans to unveil a trailer for the long-awaited Grand Theft Auto VI (GTA 6) in December, marking Rockstar's 25th anniversary.
AaronIn a significant blow to OpenSea, a colossal wave of devaluation has hit the NFT marketplace. Coatue Management, a prominent player in asset management, has sent shockwaves through the market by slashing OpenSea's valuation by a drastic 90%.
JixuHSBC has teamed up with Metaco, a subsidiary of Ripple specialising in tokenised assets, to introduce a secure custodial service tailored for institutional clients.
JasperIn a speech delivered in Switzerland, Agustin Carstens not only praised CBDCs, but also criticised stablecoins.
Clement
