Coinbase Buys More Bitcoin Weekly; Hong Kong Approves天风证券 Virtual Asset License – Crypto Daily Brief

Institutional Momentum Builds

The past 24 hours have delivered more than just headlines—they’ve delivered confirmation signals. Coinbase CEO Brian Armstrong didn’t just say they’re holding Bitcoin; he said they’re buying more every week. That’s not noise. That’s an operational commitment.

For context, this aligns with a broader trend: institutions aren’t waiting for price targets or hype cycles anymore. They’re reallocating capital using systematic models—like the ones I’ve built in Python—to position portfolios for long-term structural tailwinds.

Regulatory Shifts Signal Market Maturation

Meanwhile, Tianfeng Securities’s subsidiary has secured Hong Kong’s third-class virtual asset licence—enabling it to offer crypto trading via integrated accounts. This isn’t symbolic. It means regulated financial institutions can now legally onboard clients into digital assets under one roof.

Compare that to 2018: back then, even discussing ‘crypto’ at major brokerages was taboo. Now? It’s routine, compliant, and scalable.

I call this phase ‘institutional plumbing.’ Not flashy—but essential.

Corporate Balance Sheets Go BTC-First

France’s Crypto Blockchain Industries announced up to €20M in non-dilutive shareholder loans to buy Bitcoin and mining gear. The move is noteworthy because it bypasses traditional equity issuance—and still signals confidence in BTC as a reserve asset.

This mirrors what we saw with MicroStrategy and Tesla years ago—but now it’s spreading beyond tech unicorns into legacy public companies.

Are we seeing a new class of corporate treasury managers who treat Bitcoin like gold? Or even better—like cash?

ETF Momentum Grows in Korea

In Seoul, South Korea’s Democratic Party has introduced legislation to allow digital assets as underlying assets for ETFs and trust products. If passed, it would formalize access for retail investors through regulated financial vehicles—reducing volatility risk while boosting legitimacy.

I’m not surprised by this move—it was part of President Yoon Suk Yeol’s campaign agenda too—but its progress shows how policy is catching up with technology.

together, these developments form a coherent picture: trust is being rebuilt through structure—not slogans.