💰 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
The UK's Financial Conduct Authority has proposed banning the purchase of encryption assets through credit.
[The UK Financial Conduct Authority proposes to ban the purchase of digital assets through credit] The UK Financial Conduct Authority (FCA) proposes to ban the use of any form of credit, including credit cards and loans, to purchase digital assets, citing the increasing consumer debt associated with the high Fluctuation of digital assets. Recently, a survey commissioned by the FCA and conducted by YouGov found that by August 2024, 14% of cryptocurrency users in the UK will use credit to purchase digital assets.