NEO founder Da Hongfei wrote on X that the U.S. House of Representatives passed a landmark Bitcoin bill (176-26) that is reshaping cryptocurrency regulation.
It mentioned that Bitcoin is now officially recognized as a "store of value" asset, similar to digital gold, while ETH is still classified as a utility token. This clear distinction brings huge opportunities, which means in practice:
-Banks can now officially hold Bitcoin as a reserve asset;
-Local and federal governments have clear guidelines for BTC reserves;
-Institutions finally get the regulatory clarity they need;
-Global markets may follow this framework.
This is not just another regulation, but the foundation for Bitcoin to be integrated into traditional finance. Please pay attention to implementation details and new institutional policies in the coming months.