1. Bitwise: Three Investment Opportunities Immediately Benefiting from the US SEC's "Project Crypto" There's a lot for investors to interpret in this speech; you could build an entire venture capital firm around the SEC Chairman's vision, building a company capable of capitalizing on every opportunity he outlined. But in my opinion, three immediate investment opportunities stand out. 2. VanEck: Will ETH be a Better Asset Than BTC? Digital asset treasuries are rapidly developing, with BTC and ETH being the most common choices. Initially, entities chose BTC due to its strong store of value properties created through monetary policy. Key to this policy structure is BTC's predictable issuance, which results in a limited total supply. Recently, DATs (Digital Asset Treasurys) focused on Ethereum have emerged. These emerging DATs believe that ETH is a better choice for operating digital asset treasuries because savvy companies can participate in some novel financial activities and accumulate ETH at a faster rate than BTC. Click to read

3. U.S. SEC Statement: Liquidity Pledges Are Not Securities and No Registration Required

To provide greater clarity on the applicability of federal securities laws to crypto assets, the U.S. SEC Division of Corporation Finance is issuing opinions on certain types of protocol pledges. The U.S. SEC's Division of Corporation Finance previously issued opinions on certain types of protocol pledges in a staff statement (the "Protocol Pledge Statement"). The statement addressed three types of protocol pledges: self- (or sole) pledges; self-custodial pledges conducted directly with a third party; and so-called "custodial pledges." This statement discusses a fourth type of protocol pledge, "liquidity pledges." Click to read

4. Listed companies are accelerating their strategic reserves of Bitcoin

A silent capital revolution is sweeping through corporate coffers around the world, reflecting the era of digital assets moving from the fringe to the mainstream. Despite the high price, Strategy continues to buy up Bitcoin, spending $2.46 billion on Bitcoin over the past week—the third-largest single acquisition by dollar value since the company began increasing its holdings of the cryptocurrency five years ago. 5. Is Hong Kong's stablecoin sector dead? Recent news regarding stablecoin licenses has intensified: only financial institutions have received them, while reports of major companies exiting the market are swirling. Beyond the sources, let's return to some basic questions, discussing regulatory documents and practical experiences. Click to read