Fu Peng says that Bitcoin's asset attribute has been clarified and discusses the supporting factors of Hong Kong's property market.

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ME News: On April 23 (UTC+8), Fu Peng, Chief Economist of New Huo Group, stated in an interview that Bitcoin is not a "digital gold" or safe-haven asset in the traditional sense, but rather closer to the "valuation layer" within AI-related assets, essentially a tradable commodity with value preservation functionality. He indicated that as the U.S. regulatory framework gradually becomes clearer, Bitcoin's asset attributes have been defined, which is a key prerequisite for traditional financial institutions to start allocating to crypto assets. Fu Peng also pointed out that 2026 will be a crucial year for the integration of the FICC framework and Crypto, with the convergence between traditional finance and crypto assets accelerating further. Regarding Hong Kong, he said that IPO capital retention, mainland talent inflow, and partial capital repatriation are currently providing support for the property market, while Hong Kong's core role in the global digital asset landscape is that of a "bridging point" and "experimental field" connecting Eastern and Western regulatory and financial systems. (Source: MLion)
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