💰 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
Institutions such as Solana submitted a proposal to the SEC called "Project Open," advocating for the issuance and trading of securities on-chain.
Wu learned that the Solana Policy Institute, Superstate Inc., and Orca Creative submitted a proposal "Project Open" to the SEC, suggesting the use of public blockchain infrastructure for securities issuance and trading to enhance efficiency and support existing regulatory goals. This includes digital equity registered as Token Shares, wallet addresses certified by KYC and educational training Allowlist verification, a shareholder registry recorded on the Blockchain, non-custodial or compliant custodial wallet structures, instant Settlement mechanisms, and peer-to-peer transactions based on smart contracts.