🔭FN Hot News Roundup 🔹 Highlights from the Closing Day of the "Bitcoin 2025" Conference

👥Closing Day Speakers Include:

🔹Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission (SEC)
🔹Paolo Ardoino, CEO of Tether
🔹Michael Saylor, Founder of Strategy
🔹Mayer Mizrachi, Mayor of Panama City
🔹Ross Ulbricht, Founder of the Silk Road
🔹Jack Mallers, Founder of Strike
🔹Brandon Lutnick, Chairman of Cantor Fitzgerald

🇺🇸Statements from Government Officials

🔸Hester Peirce, Head of the U.S. SEC Crypto Task Force, known as "Crypto Mom": Crypto investors should take responsibility for their investment decisions and not seek government bailouts during losses. She clearly stated that recent popular meme coins fall into the speculative area where investors must bear the risk.

🔸Nigel Farage, Leader of the UK Reform Party, announced at the Bitcoin 2025 Conference that if elected Prime Minister, he will push for legislation supporting crypto assets. His core policies include:

1. Establishing a Bitcoin reserve at the Bank of England
2. Passing the "Crypto Asset and Digital Finance Bill" to prohibit banks from closing accounts due to customers' involvement in crypto activities
3. Reducing the capital gains tax on crypto assets to 10%; explicitly opposing the issuance of Central Bank Digital Currency (CBDC)

🔸Mayer Mizrachi, Mayor of Panama City: Considering adopting the Bitcoin payment model of El Salvador. The city has passed a law allowing residents to pay taxes, parking fees, and other municipal fees using Bitcoin, Ethereum, and some stablecoins. He specifically proposed providing priority transit rights for ships using Bitcoin to pay for Panama Canal tolls and considering establishing a municipal Bitcoin reserve.

🏢Statements from Business Figures

▪️Michael Saylor, Founder of Strategy: "If you allocate Bitcoin in your portfolio, there is a 90% chance of success within 5 years." "The more individuals, companies, governments, institutions, cities, and leaders accept Bitcoin, the more likely humanity will succeed."

▪️Paolo Ardoino, CEO of Tether, showcased a slide at the conference stating that Tether's issuer currently holds over 100,000 Bitcoin and more than 50 tons of gold. Tether has made approximately $20 billion in profit over the past three years, distributing only less than 5% of the profit to shareholders, with 95% reinvested in expanding the distribution network and Bitcoin.

▪️Adam Back, CEO of Blockstream, predicted at the Bitcoin 2025 Conference that Bitcoin's price will reach $1 million in 5 years.

▪️Brandon Lutnick, Chairman of Cantor Fitzgerald, announced the launch of a gold-hedged Bitcoin fund, the firm's first Bitcoin-themed investment product.

For more highlights, check out #Bitcoin2025:
https://t.co/eUGGAeCFy9