The Wolf of walk street

The Legislative Council of Hong Kong approved the stablecoin bill in its third reading, paving the way for the regulated issuance of stablecoins.

Institutions are expected to be able to apply for licenses from the Hong Kong Monetary Authority by the end of the year, and stablecoins must be backed by legal tender.

This is one of the best pieces of news for Stablecoins as well as for everyone and the safe access we must all have when using the crypto world.

$BTC $ETH $SOL #StablecoinRevolution #Stablecoins

The Texas Strategic Bitcoin Reserve Bill passed its second reading in the state House of Representatives, advancing efforts to allow the state to hold Bitcoin in its treasury.

The bill would establish a Bitcoin deposit in Texas and authorize the comptroller to manage Bitcoin holdings as a hedge against inflation and financial instability.

#BTC☀️ #bitcoin #Texas #Bitcoinreserve

The Abu Dhabi Sovereign Fund has revealed an investment of 408 million dollars in BlackRock's spot Bitcoin ETF in a recent filing with the SEC, marking one of the largest institutional bets on BTC to date.

#EFT #BTC☀️ #bitcoin #BlackRock⁩ #AbuDhabiStablecoi