Robert Kiyosaki, author of "Rich Dad Poor Dad," posted on X platform that in 1998, Wall Street joined forces to rescue hedge fund LTCM, and in 2008, the central bank rescued Wall Street. Each crisis has become bigger, and the problem began with Nixon's cancellation of the gold standard in 1971. The next crisis may be triggered by the collapse of $1.6 trillion in US student loan debt. For most people, the best way to protect themselves is self rescue, so they can save spot gold, silver, and Bitcoin instead of buying ETFs.
It is reported that the Trump administration has banned Harvard University from admitting international students.
According to a press release from the Hong Kong Special Administrative Region Government, the Secretary for Financial Services and the Treasury, Mr. Hui Cheng yu, stated that Hong Kong is currently developing a virtual asset market, while also developing a gold commodity market. Hong Kong will open up new financial sectors, including fintech, virtual assets, stablecoins, and green finance. This week, we will soon seek the support of the Legislative Council to establish a legal regulatory framework for stablecoins. There is also a great demand for this in the market, so the next step is to continue to innovate and expand into new markets.
According to BlockBeats, on May 25th, Cointelegraph revealed that Qatar Financial Center plans to tokenize real estate, with the first batch of projects being high-rise buildings worth over $500 million. We are also exploring regulations related to fund tokenization and digital assets.
According to Golden Ten, Pakistan has allocated 2000 megawatts of installed power capacity in the first phase of its nationwide plan to support Bitcoin mining and artificial intelligence data centers. Currently, the country is promoting the legalization of cryptocurrencies and attracting foreign investment. The Pakistani Ministry of Finance stated in a statement that this plan, led by the Pakistan Cryptocurrency Commission, will also help monetize surplus energy and create high-tech jobs. The Ministry of Finance stated that coal-fired power projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.
According to BlockBeats, on May 25th, according to the @ Pandajackson42 data panel, Binance Alpha's trading volume reached 1.69 billion US dollars on May 24th, with ZKJ trading volume of 1.05 billion US dollars, KOGE trading volume of 251 million US dollars, and B2 trading volume of 205.9 million US dollars ranking among the top.
