Fu Peng states that Bitcoin's asset attributes are now clear and discusses the supporting factors of the Hong Kong real estate market

ME News Report, April 23 (UTC+8), Fu Peng, Chief Economist of Xinhuo Group, stated in an interview that Bitcoin is not a “digital gold” or a safe-haven asset in the traditional sense, but is closer to the “valuation layer” among AI-related assets. Essentially, it is a tradable commodity with a function of maintaining value. He mentioned that as the U.S. regulatory framework becomes clearer, Bitcoin’s asset properties have been clarified, which is also an important prerequisite for traditional financial institutions to start allocating to crypto assets. Fu Peng also pointed out that 2026 will be a key year for the integration of the FICC framework with crypto, and the connection between traditional finance and crypto assets will accelerate further. Regarding Hong Kong, he said that IPO capital accumulation, influx of mainland talent, and partial capital repatriation are providing support for the property market, while Hong Kong’s core role in the global digital asset landscape is as a “bridge” and “testbed” connecting Eastern and Western regulatory and financial systems. (Source: MLion)