{"id":409,"date":"2024-02-01T18:30:00","date_gmt":"2024-02-01T10:30:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=409"},"modified":"2025-08-15T16:44:37","modified_gmt":"2025-08-15T08:44:37","slug":"18-us-senators-now-stand-with-crypto-coinbase-lobby-group-bitcoin-etfs-in-and-around-asia-after-u-s-approvals-analysts-are-optimistic-about-momentum","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/18-us-senators-now-stand-with-crypto-coinbase-lobby-group-bitcoin-etfs-in-and-around-asia-after-u-s-approvals-analysts-are-optimistic-about-momentum\/","title":{"rendered":"18 US senators now \u2018stand with crypto\u2019 \u2014 Coinbase lobby group; Bitcoin ETFs in and around Asia after U.S. approvals? Analysts are optimistic about momentum"},"content":{"rendered":"\n

Weekly <\/strong>Update: 01 Feb 2024<\/strong><\/p>\n\n\n\n

1) 18 US senators now \u2018stand with crypto\u2019 \u2014 Coinbase lobby group [Cointelegraph]<\/a><\/p>\n\n\n\n

– A total of 18 senators now fall into the pro-crypto camp, according to analysis from Coinbase advocacy group Stand with Crypto.<\/p>\n\n\n\n

2) Bitcoin ETFs in and around Asia after U.S. approvals? Analysts are optimistic about momentum [CoinDesk]<\/a><\/p>\n\n\n\n

– Hong Kong has voiced the most interest in achieving the reality of a bitcoin ETF approval, and that the U.S. approval could move things along faster.<\/p>\n\n\n\n

3) Circle to issue its stablecoin USDC on Celo network to boost RWA capabilities [CoinDesk]<\/a><\/p>\n\n\n\n

– Investors are focusing on more liquid, growth-ready startup opportunities as crypto venture capital continues to recover.<\/p>\n\n\n\n

4) European fintech aims to provide hassle-free crypto-to-cash conversions [Cointelegraph]<\/a><\/p>\n\n\n\n

– A Web3 financial platform wants to catalyze crypto use by integrating traditional banking features like IBAN accounts and Visa cards.<\/p>\n\n\n\n

5) Hong Kong gets spot-bitcoin ETF application, stablecoin interest from China\u2019s Harvest Global: reports [CoinDesk]<\/a><\/p>\n\n\n\n

– Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.<\/p>\n\n\n\n

6) Hong Kong sets 50% insurance mandate for crypto exchanges [Blockchain.News]<\/a><\/p>\n\n\n\n

– Hong Kong’s SFC mandates 50% insurance coverage for licensed crypto exchanges, with OSL and HashKey Exchange leading compliance by securing extensive insurance policies for customer asset protection.<\/p>\n\n\n\n

7) Japan to resolve CBDC issuance legalities by Q2 2024 [Cointelegraph]<\/a><\/p>\n\n\n\n

– While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.<\/p>\n\n\n\n

8) Thailand’s SEC breaks new ground in 2024 with crypto-friendly rules [CoinDesk]<\/a><\/p>\n\n\n\n

– Retail investors can now invest without limits in digital tokens backed by real estate or infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

Circle to issue its stablecoin USDC on Celo network to boost RWA capabilities<\/p>","protected":false},"author":256897717,"featured_media":2371,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1,132582],"tags":[],"class_list":["post-409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-market-decoded"],"acf":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2024\/02\/DigiFT-Weekly-26-Jan.jpg?fit=1173%2C620&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-6B","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897717"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=409"}],"version-history":[{"count":1,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/409\/revisions"}],"predecessor-version":[{"id":411,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/409\/revisions\/411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/2371"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}