💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
New phase of regulation of digital assets
In recent weeks, the crypto community 🔐 has been actively discussing the Digital Asset Bill — a piece of legislation that could fundamentally change the rules of the game in the digital assets market 📈. Its adoption has already sparked a wave of reactions from both crypto traders and major institutional players 🏦.
🧩 What is the Digital Asset Bill?
This is a draft law aimed at:
🧾 Definition of the legal status of digital assets (including cryptocurrencies, tokens, stablecoins);
📊 Establishing standards for exchanges and wallet providers;
👮♂️ Strengthening measures to combat money laundering (AML) and the financing of terrorism (CFT);
🛡 Protection of investors' and consumers' rights.
⚖️ Key Provisions
Platform registration 📍All trading venues, custodial services, and wallets will need to obtain a license in accordance with the new regulations.
KYC for everyone 🕵️Users are required to undergo identity verification. Anonymous transactions outside the legal framework will be prohibited.
Taxation 💸 A clear classification of digital assets will aid taxation — now each token will belong to a specific category such as goods, securities, etc.
Decentralization under the spotlight 🎯 The bill also affects DeFi platforms, raising concerns among proponents of complete decentralization.
🌐 Market Reaction
📉 Some investors perceived the law as pressure on the industry and began to withdraw funds to offshore accounts.
🏛 Others, on the contrary, believe that clear regulation will bring an influx of institutional money.
🧠 Experts emphasize: regulation is inevitable, and its "smart design" can become a catalyst for growth.
🔮 What's next?
✅ The adoption of the DigitalAssetBill may:
Accelerate the institutionalization of the crypto market 🏢
Make the industry more transparent and secure 🔐
At the same time, restrict the freedom of projects and users ❗ ( ) #BTC#