Hong Kong’s Big Crypto Push: Licenses & Perks

What we’ll cover today:

🪙 Tax Breaks and Stablecoin Sandbox.

🚀 Ethereum’s $10K Dream vs. JetBolt’s Rise

🇧🇴  Bolivia Just Made a Big U-Turn on Crypto.

1. Tax Breaks and Stablecoin Sandbox.

Hong Kong is making bold moves to become a global crypto hub, setting the stage for new perks and opportunities in the crypto space.

• New Licenses: By the end of this year, expect more licensed crypto exchanges to join big players like OSL, Hashkey, and HKVAX.

• Stablecoin Sandbox: Hong Kong is testing regulatory waters with a sandbox for stablecoins, giving issuers a chance to explore compliance before official rules are released.

• Crypto Tax Breaks: Tax perks are on the table, aiming to attract more investment and accelerate the sector's growth.

With these steps, Hong Kong is fast-tracking its way to becoming a powerhouse in the crypto world, positioning itself as the go-to destination for innovation and growth.

Here’s the whole article

2. Ethereum’s $10K Dream vs. JetBolt’s Rise.

Ethereum (ETH) has its eyes on the $10,000 mark.

• Investor interest is heating up, with a 65% jump in ETH accumulation.

• Vitalik Buterin’s new “Purge” plan is set to streamline Ethereum, aiming for faster, leaner performance.

But while ETH prepares for a breakout, a new player steals the spotlight.

Meet JetBolt (JBOLT)—the up-and-coming altcoin drawing major attention.

Here’s why JetBolt is making waves:

• Zero-Gas Fee Tech: Smooth, fee-free transactions.

• AI-Powered Insights Tool: Keeps users updated on blockchain trends.

• Massive Presale Traction: Over 40 million tokens sold since August 2024.

• Early Buyer Bonus: 25% extra tokens for those who jump in early.

With crypto whales diving in, JetBolt’s presale is fast becoming the talk of the town.

Here’s the whole article.

3. Bolivia Just Made a Big U-Turn on Crypto.

Banco Bisa, one of the country’s largest banks, now offers Tether’s USDT stablecoin services:

• Buy, sell, and transfer USDT through a trusted bank.

• Send funds to family abroad or make cross-border payments with ease.

• Supported by Bolivia’s financial regulator for safer transactions.

This shift is huge for a country that banned crypto in 2014.

But in June 2024, Bolivia lifted the ban, hoping to boost its economy.

Since then, crypto trading has surged, with $15.6 million moving monthly.

Here’s the whole article