NEO founder: The U.S. House of Representatives passes a Bitcoin bill, officially recognizing it as a "store of value" asset
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.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags