Every week in the crypto sphere, there's a flood of news that can easily overwhelm. But fret not, we've rounded up the top 5 most intriguing pieces right here in this article!

1. Bitcoin Halving is Here!

A milestone event in the crypto world, commanding attention from users everywhere! As of the release of this article, Bitcoin Halving has either already occurred or is imminent! This time around, far more eyes are on the process, with searches for BTC halving on Google hitting record highs. Yet, experts diverge significantly on what comes next. For some, BTC Halving marks the starting point for incredible growth, while for others, it's a time for reassessing BTC's value and correction. The truth will unfold in the coming days!

2. Hong Kong Introduces Approval for Bitcoin and Ethereum ETFs

Hong Kong confidently continues its stride towards becoming a leading crypto hub, at least in the Asian region! This week, Hong Kong granted approval for the launch of Bitcoin and Ethereum ETFs for three platforms: Harvest Global Investments, the Hong Kong unit of Bosera Asset Management, and China Asset Management. These platforms are gearing up for their ETF launches, with experts estimating initial investment sizes around $1 billion. While this figure pales in comparison to the $12 billion total ETF investments in America, things could change over time!

3. US Bill on Stablecoins!

US Congress Senators Kirsten Gillibrand and Cynthia Lummis have introduced a bill on stablecoins. The document outlines rules regulating non-bank organizations when creating stablecoins. Key points include mandatory backing in a 1:1 ratio with the issued stablecoin and a ban on any illegal activities, such as money laundering or manipulation. Notably, the bill explicitly prohibits any algorithmic stablecoins. The aim of the document is to create a regulatory environment for the development and responsible innovation in the field.

4. Germany's Largest Bank Gives a Thumbs Up to Cryptocurrencies!

Germany’s largest federal bank, Landesbank Baden-Württemberg (LBBW), has announced its imminent launch of cryptocurrency storage and services for corporate and institutional investors. This move comes amidst growing interest in cryptocurrencies and trends towards the adoption and spread of virtual assets.

5. Token2049 Conference in Dubai

This week also saw the two-day Token2049 conference in Dubai. The event featured hundreds of different companies, projects, and speakers covering topics such as cryptocurrencies, blockchain, regulation, industry development, and its future. Despite harsh weather conditions, the event was massive, with participants undeterred. CEO of PointPay was among them, personally attending the conference! He shared his experiences on our Instagram, and if you missed it, be sure to join the AMA session on April 25th, where the CEO will undoubtedly share his impressions of the trip again.

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