22nd May: Blockchain DXB podcast🍕
🍕BTC Pizza day + BTC new ATH 🍕Texas 3rd state -Strategic BTC 🍕Reserve Hong Kong Approves Stablecoin Legislation 🍕Robinhood’s RWA proposal to SEC 🍕VanEck Avalanche-Focused Ecosystem Fund 🍕NY Mayor Eric Adams' Crypto Council
🍕Bitcoin Pizza Day - 22nd May. In 2010, programmer Laszlo Hanyecz famously spent 10,000 BTC to buy two pizzas, marking the first-ever real-world Bitcoin transaction. At today's BTC price, it would be $1.9B for 2 pizzas
🍕Texas Senate Bill SB21, which establishes a Strategic Bitcoin Reserve, has officially passed and is now headed to the Governor’s desk for final approval. If signed, Texas will become the third U.S. state to adopt such a reserve policy. Texas Governor Greg Abbott will approve Senate Bill 21 (SB21), which proposes the establishment of a Strategic Bitcoin Reserve. The reason is below
- Governor's Pro-Crypto Stance
- Legislative Support:
- Alignment with State Goal
🍕Hong Kong Government welcomes passage of the Stablecoins Bill, creating a licensing regime for fiat-referenced stablecoin issuers. Issuers must meet strict standards on reserve assets, redemption, and compliance. Only licensed entities can offer stablecoins to retail investors, and only licensed ads are allowed. The law aims to boost investor protection, market stability, and financial innovation, The official news is here https://shorturl.at/DE0dX
🍕Robinhood Submits RWA Tokenisation Regulatory Proposal to U.S. Securities and Exchange Commission- Letter here https://shorturl.at/cPQnZ
The idea aims to support its upcoming RWA Exchange (RRE) platform. Built on Solana and Base, RRE will offer instant settlements, high throughput, and reduced trading costs. The proposal includes on-chain auditing, global KYC/AML compliance, and token issuance standards. Robinhood targets $10B TVL and 5M users in 3 years.
🍕VanEck is launching the PurposeBuilt fund next month, focused exclusively on the Avalanche ecosystem. Managed by its Digital Assets Alpha Fund, the fund will invest in liquid tokens and venture-backed projects in sectors like gaming, finance, and AI. It targets projects around or after token generation events, using a long-term, fundamentals-first approach. Unused capital will be deployed on-chain in real-world asset products on Avalanche to maintain liquidity. VanEck chose Avalanche for its strong technical architecture and business development via Blockworks https://shorturl.at/dLKlh
🍕NY Mayor, ERIC ADAMS, delivered opening remarks at the first-ever NYC crypto Summit. Full speech via Youtube here: https://rb.gy/jol1x2. . He's creating a crypto advisory council.
Two UAE news
🍕Bitcoin Suisse AG Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority - Chainwire
🍕Trump Towers Dubai now accepts Bitcoin for property purchases via Deus X Pay

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Blockchain DXB: 🔴 22nd May 🔴🍕BTC Pizza day + BTC new ATH 🍕Texas BTC Reserve🍕 HK Stablecoin Legislation 🍕Robinhood’s RWA letter to SEC 🍕VanEck Avalanche Fund 🍕NY Mayor Eric Adams' Crypto move 35:50 Share

Blockchain DXB

Shownotes Transcript

Blockchain DXB: 🔴 22nd May 🔴🍕BTC Pizza day + BTC new ATH 🍕Texas BTC Reserve🍕 HK Stablecoin Legislation 🍕Robinhood’s RWA letter to SEC 🍕VanEck Avalanche Fund 🍕NY Mayor Eric Adams' Crypto move