Fu Peng says Bitcoin's asset attributes have been clarified and discusses factors supporting Hong Kong's property market.

ME News reported that 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" of AI-related assets, essentially a tradable commodity with value preservation function. He said that as the U.S. regulatory framework gradually becomes clearer, Bitcoin's asset attributes have been defined, which is also an important prerequisite for traditional financial institutions to start allocating crypto assets. Fu Peng also pointed out that 2026 will be a key year for the integration of the FICC framework and Crypto, and the connection between traditional finance and crypto assets will further accelerate. Regarding Hong Kong, he said that IPO capital accumulation, mainland talent inflow, and partial capital repatriation are providing support for the property market, and Hong Kong's core role in the global digital asset landscape is as a "connection point" and "experimental field" linking the regulatory and financial systems of the East and West. (Source: MLion)
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