

PANews and Bullish joint roundtable: Crypto market development after Bitcoin ETF, how real-world assets enter Web3
php Editor Banana brings you the latest news: PANews and Bullish jointly held a roundtable to discuss the development of the crypto market after Bitcoin ETF and how real-world assets enter Web3. This joint event brings together industry experts to provide in-depth analysis and forward-looking prospects, which is of great significance to the development trends of the encryption market and Web3. Stay tuned for more exciting content!
2024 is destined to be a colorful year in the narrative of the encryption industry. At the beginning of the new year, the U.S. SEC approved the applications for 11 Bitcoin ETFs. With the legal entry of asset management giants such as BlackRock and Fidelity Capital, the price of Bitcoin has also been soaring, successfully exceeding US$57,000.
On the afternoon of February 27, in Hong Kong, another hot spot for encryption compliance, a roundtable forum co-organized by PANONY & PANews and Bullish was successfully held. Focusing on the topic of "The future of cryptocurrencies after the approval of Bitcoin ETF and how real-world assets can enter Web3", Bullish Director of Compliance Priscilla Adams, Agora CEO and Co-Founder Nick van Eck, Clearpool CEO Discussed with co-founder Jakob Kronbichler, Asia RWA Working Group founder Thomas Zhu, and PANews&PANONY partner Yolanda Chung.
Good regulation can serve as a market creator
One of the hottest topics nowadays is the changes brought to the industry by the adoption of Bitcoin ETFs . Regarding this topic, Priscilla Adams, Bullish’s director of compliance, said, “Bitcoin ETFs have brought positive momentum to the industry. Good regulation can serve as a market creator.” Priscilla Adams proposed that in the previous cryptocurrency winter, The industry as a whole lacks trust and regulation, and he sees plenty of reasons to be excited about the adoption of ETFs.
Thomas Zhu, founder of the Asia RWA Working Group, pointed out that Bitcoin spot exchanges set an example for other digital assets, and may create a new relationship between crypto assets and traditional assets. Lay the foundation for deeper integration, enhance asset liquidity, and build a more stable and closely connected financial ecosystem.
When speaking on the topic, Clearpool CEO and co-founder Jakob Kronbichler said that the approval of a Bitcoin ETF could bring more trading volume to DeFi as institutions get involved. From a DeFi perspective, this situation may inject more liquidity and vitality into the decentralized financial market, bringing new opportunities and challenges to its development. As institutional investors' interest in digital assets increases, the DeFi ecosystem is likely to receive more funding and resources, driving its further innovation and development. Because
higher mobile payment penetration is conducive to the development of RWA in Asia
In the current bull market, RWA (real world assets) is considered to introduce traditional assets into Web3.0 One of the key means. The Asia RWA Working Group is a cross-disciplinary self-regulatory body that aims to promote the digital transformation of real assets (RWA).
Thomas Zhu pointed out that RWA represents an important progress between traditional finance and DeFi and is expected to open up new possibilities for investment and asset management. The approval of a Bitcoin spot ETF could have far-reaching consequences for the RWA space. This marks regulators’ recognition of crypto assets and opens the door to traditional financial products representing digital assets, increasing crypto’s legitimacy and accessibility among mainstream investors. This is likely to spark interest and investment in the field, driving rapid development and adoption of RWA projects.
In the forum, Thomas Zhu also shared the differences between RWA in Asia and Western countries. He proposed that there are several key factors to consider when conducting RWA in Asia and Western countries, namely: regulatory environment , market dynamics, technology applications, investor allocation, economic priorities and legal systems. Asian countries, especially countries like South Korea and China, tend to adopt new technologies more quickly, he said. These regions may have higher penetration of mobile and digital payments than some Western countries, which may make the concept of tokenized assets more acceptable.
Jakob Kronbichler mentioned that Clearpool’s new product Credit Vaults will be launched soon. He said that this product will give borrowers flexibility and attract new lenders with higher interest rates. , and unlock new borrower types and loan opportunities. Jakob Kronbichler believes that the on-chain credit brought by RWA is exciting, but with a little trick, RWA may lead to no longer good yields in DeFi. Personally, he believes that the adoption of institutions in Defi, as well as the Defi of native assets and the Defi with authority approval, are tracks worthy of attention.
At the scene, Nick van Eck shared some recent developments of Agora. He said that Agora’s first product is a fully collateralized, freely traded USD stablecoin, which will be launched in the next few months. In addition, Agora is launching a next-generation payment and operations platform. Nick van Eck revealed that the stablecoin’s collateral will be managed by a blue-chip traditional asset management company with nearly $100 billion in assets under management.
About PANONY:
PANONY is an incubation, investment, and consulting company deeply involved in the encryption and blockchain industries. PANONY has a management and consulting team composed of experienced industry veterans and top experts in the industry. It is committed to empowering enterprises with localized market awareness and providing professional paths to link global resources. Customers served include more than 200 blockchain startups, such as Highstreet, Render Network (RNDR), Linear Finance, Polygon Network, etc., covering all areas of Web3.0 and blockchain; as well as Fortune 500 companies Amazon and SAIC etc., to help large enterprises develop Web3.0 business ideas.
About Bullish
Bullish Exchange launched in November 2021 and is available in over 50 select jurisdictions across Asia Pacific, Europe, Africa and Latin America . Bullish Exchange is operated by Bullish (GI) Limited and regulated by the Gibraltar Financial Services Commission (GFSC) (DLT License: FSC1038FSA). Focused on developing products and services for the institutional digital asset space, it redesigns traditional exchanges to benefit asset holders, empower traders, and increase market transparency. Benefiting from the Group's ample financial support and within a compliant and regulated framework, Bullish's centralized exchange combines a high-performance central limit order book (CLOB) and proprietary automated market-making technology to provide deep Liquidity and tight spreads.
The above is the detailed content of PANews and Bullish joint roundtable: Crypto market development after Bitcoin ETF, how real-world assets enter Web3. For more information, please follow other related articles on the PHP Chinese website!

In today's digital economy era, digital currency trading has become the focus of many investors and traders. As the world's leading digital currency trading platform, OKX provides safe, convenient and efficient trading services. In order to make it easier for users to trade digital currency, Ouyi has launched its official mobile app. This article will introduce you in detail how to quickly download and install Ouyi's digital currency trading app through the official app download link provided in this article.

The built-in quantization tools on the exchange include: 1. Binance: Provides Binance Futures quantitative module, low handling fees, and supports AI-assisted transactions. 2. OKX (Ouyi): Supports multi-account management and intelligent order routing, and provides institutional-level risk control. The independent quantitative strategy platforms include: 3. 3Commas: drag-and-drop strategy generator, suitable for multi-platform hedging arbitrage. 4. Quadency: Professional-level algorithm strategy library, supporting customized risk thresholds. 5. Pionex: Built-in 16 preset strategy, low transaction fee. Vertical domain tools include: 6. Cryptohopper: cloud-based quantitative platform, supporting 150 technical indicators. 7. Bitsgap:

Huobi Digital Currency Trading App is one of the world's leading digital asset trading platforms and is favored by the majority of users. In order to facilitate users to quickly and safely download and install Huobi app, this article will provide you with detailed download and installation tutorials. Please note that this article provides a download link to Huobi official app. Use the download link to this article to download safely to avoid mistakenly entering a copycat website or downloading to unofficial versions. Next, let us download and install Huobi app step by step.

The download, installation and registration process of the Hong Kong Digital Currency Exchange app is very simple. Users can quickly obtain and use this app through the official app download link provided in this article. This article will introduce in detail how to download, install and register the Hong Kong Digital Currency Exchange app to ensure that every user can complete the operation smoothly.

Ouyi Digital Currency Exchange is a world-renowned digital currency trading platform that provides trading services for a variety of digital currency. In order to make it easier for users to trade, Ouyi has launched an official mobile application - Ouyi Digital Currency Exchange official website.app. The application not only has a friendly interface and is easy to operate, but also can track market conditions in real time to ensure that users do not miss any investment opportunities. This article will introduce in detail how to download and install the Ouyi Digital Currency Exchange official website.app. Using the official download link provided by this article, users can easily obtain the latest version of the application.

The methods to download the Hong Kong Digital Currency Exchange APP include: 1. Select a compliant platform, such as OSL, HashKey or Binance HK, etc.; 2. Download through official channels, iOS users download on the App Store, Android users download through Google Play or official website; 3. Register and verify their identity, use Hong Kong mobile phone number or email address to upload identity and address certificates; 4. Set security measures, enable two-factor authentication and regularly check account activities.

Recommended cryptocurrency trading platforms include: 1. Binance: the world's largest trading volume, supports 1,400 currencies, FCA and MAS certification. 2. OKX: Strong technical strength, supports 400 currencies, approved by the Hong Kong Securities Regulatory Commission. 3. Coinbase: The largest compliance platform in the United States, suitable for beginners, SEC and FinCEN supervision. 4. Kraken: a veteran European brand, ISO 27001 certified, holds a US MSB and UK FCA license. 5. Gate.io: The most complete currency (800), low transaction fees, and obtained a license from multiple countries. 6. Huobi Global: an old platform that provides a variety of services, and holds Japanese FSA and Hong Kong TCSP licenses. 7. KuCoin

With the popularization and development of digital currency, more and more people are beginning to pay attention to and use digital currency apps. These applications provide users with a convenient way to manage and trade digital assets. So, what kind of software is a digital currency app? Let us have an in-depth understanding and take stock of the top ten digital currency apps in the world.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

Notepad++7.3.1
Easy-to-use and free code editor

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software
