🔴Institutional and Organizational Adoption🌟
🔸️The Syz Capital Fund (BTC Alpha Fund) will open on October 1 to raise around 2,000 BTC (~200 million USD), reflecting increasing institutional demand for Bitcoin.
🔸️Regulations in the United States are accelerating: the SEC's "Project Crypto", the GENIUS Act to enhance transparency and safeguards in Stablecoins, and many states are enacting legislation and supporting user protection and regulation of ATM exchange platforms.
🔸️Internationally, Indonesia has implemented new trading taxes starting August 1 (up to 1% for foreign transactions), while the value-added tax on buyers has been abolished, in an effort to adopt regulatory measures that classify the market as a formal financial asset.
🔸️In Hong Kong, the first official licenses for Stablecoin issuers are expected to be issued in early 2026; despite the law taking effect from August 1, licenses will be limited and depend on a clear commitment to support reserves and transparency.