BTC $84,638.09 -0.17%
ETH $2,676.16 -1.16%
BNB $768.94 -0.30%
XRP $1.49 -0.37%
SOL $118.96 +0.13%
TRX $0.3343 +0.06%
DOGE $0.0932 -0.81%
ADA $0.2465 +0.18%
BCH $312.49 +2.63%
LINK $13.88 -2.64%
HYPE $89.34 +1.40%
AAVE $179.36 +3.89%
SUI $1.18 +0.86%
XLM $0.2156 -1.20%
ZEC $1,320.70 -1.41%
AAPL $333.16 +0.69%
AMZN $251.60 +1.02%
GOOGL $342.98 +0.99%
MSFT $517.16 +0.40%
META $727.05 -0.03%
NVDA $234.33 +1.15%
TSLA $370.89 +4.32%
SNDK $1,719.40 -3.54%
INTC $118.87 -1.43%
SPCX $158.94 +6.56%
MU $1,069.51 -2.06%
AMD $634.47 +2.34%
BTC $84,638.09 -0.17%
ETH $2,676.16 -1.16%
BNB $768.94 -0.30%
XRP $1.49 -0.37%
SOL $118.96 +0.13%
TRX $0.3343 +0.06%
DOGE $0.0932 -0.81%
ADA $0.2465 +0.18%
BCH $312.49 +2.63%
LINK $13.88 -2.64%
HYPE $89.34 +1.40%
AAVE $179.36 +3.89%
SUI $1.18 +0.86%
XLM $0.2156 -1.20%
ZEC $1,320.70 -1.41%
AAPL $333.16 +0.69%
AMZN $251.60 +1.02%
GOOGL $342.98 +0.99%
MSFT $517.16 +0.40%
META $727.05 -0.03%
NVDA $234.33 +1.15%
TSLA $370.89 +4.32%
SNDK $1,719.40 -3.54%
INTC $118.87 -1.43%
SPCX $158.94 +6.56%
MU $1,069.51 -2.06%
AMD $634.47 +2.34%

NEO founder: The U.S. House of Representatives passes a Bitcoin bill, officially recognizing it as a "store of value" asset

2024-11-24 11:08:19

ChainCatcher news, NEO founder Da Hongfei disclosed that the U.S. House of Representatives passed the Bitcoin bill (176-26), which officially recognizes Bitcoin as a "store of value" asset for the first time, positioning it similarly to digital gold, while classifying Ethereum as a utility token. Da Hongfei stated that this bill will mean in practice:

  • Banks can now officially hold Bitcoin as a reserve asset;
  • Local and federal governments have clear guidelines on BTC reserves;
  • Institutions finally gain the regulatory clarity they need;
  • The global market may follow this framework.
app_icon
ChainCatcher Building the Web3 world with innovations.