Hong Kong has announced three new measures to regulate virtual assets, aiming to enhance the region's position as a crypto hub. This move comes as Trend Research reports a significant $869 million loss from exiting Ethereum positions. Meanwhile, the London Stock Exchange Group is set to implement on-chain settlement solutions, marking a significant step towards integrating blockchain technology in traditional finance. In other developments, Chinese banks have been instructed to reduce their holdings of U.S. Treasury securities, reflecting ongoing geopolitical tensions. Additionally, Bithumb faced a major error involving a 620,000 BTC payment, while a high-court hearing is scheduled for a case involving the laundering of 60,000 BTC. Goldman Sachs has also revealed its substantial $1.1 billion investment in crypto ETFs, underscoring the growing institutional interest in digital assets.